Comey: 'The FBI is suffering' with Kash Patel as director
The Briefing with Jen Psaki
MS NOW, Jen Psaki
4.4 • 975 Ratings
🗓️ 15 May 2026
⏱️ 43 minutes
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| 0:00.0 | Yesterday, I started the show with the news that Trump was reportedly planning to settle his $10 billion lawsuit against the IRS, potentially for enough money to double his net worth, I would note, potentially for protections from future IRS audits. |
| 0:14.6 | And that whole settlement was reportedly expected to happen out of court. |
| 0:18.9 | Before Trump's lawyers were expected to appear in front |
| 0:21.7 | of a judge next week, and it had already been scheduled, a judge who very well may have thrown |
| 0:26.3 | out the case entirely. So yeah, that's what we started the show with yesterday. If you're watching, |
| 0:30.7 | you may remember. And just Trump's personal lawyers again, again, this is just like I have to |
| 0:35.8 | restate this, coming to an agreement with the Justice Department run by his former personal lawyers, again, again, this is just like I have to restate this, coming to an agreement with the Justice Department run by his former personal lawyers privately to potentially give Trump billions of your tax dollars. |
| 0:46.0 | And yesterday, that seemed unfathomably corrupt and brazen, far beyond what he had ever attempted in the past. |
| 0:55.0 | And then came tonight's news, just this evening. |
| 0:58.8 | Because tonight, ABC News reports that Trump is expected to settle his lawsuit with the IRS |
| 1:03.7 | in exchange for the creation of a $1.7 billion fund to compensate Trump allies who claim |
| 1:10.6 | they were wrongfully targeted by the Biden |
| 1:13.1 | administration. As ABC put it tonight, the arrangement would be an unprecedented use of taxpayer |
| 1:19.4 | dollars with little oversight. And under the terms of the potential settlement, the money would be |
| 1:24.2 | controlled by a commission made up of five members. But of course, there's always a but here. That commission would really answer to just man, one man, because here is part of the story as well. President Trump would have the authority to remove members of the commission running the fund without cause. And the commission would be under no obligation to disclose its procedures or |
| 1:46.8 | decision-making process for awarding more than a billion dollars. Let's be, let's just take a |
| 1:54.2 | bro. Let's be clear-eyed about what this means here. I mean, that is $1.7 billion of taxpayer money in a slush fund controlled by Donald Trump |
| 2:05.3 | with no transparency or oversight. Now, I should note that a spokesperson for the Justice Department |
| 2:11.2 | declined to comment to ABC News on this story, and representatives for the White House, the IRS, |
| 2:15.9 | and the Treasury Department didn't respond |
| 2:18.2 | either to request for comment. And sources told ABC News that while its settlement of some kind |
| 2:24.4 | is expected in the coming days, the final terms will not be set until they are officially |
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