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The Headlines

New Immunity for President Trump, and an Audacious Plan for Regime Change in Iran

The Headlines

The New York Times

Headlines, New York Times, News, The Daily, The Headlines, News Commentary, Daily News, Society & Culture, New York Times Audio

4.3630 Ratings

🗓️ 20 May 2026

⏱️ 10 minutes

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Summary

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Transcript

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0:00.0

From the New York Times, it's the headlines.

0:04.7

I'm Will Jarvis, in for Tracy Mumford.

0:06.8

Today's Wednesday, May 20th, here's what we're covering.

0:14.1

In Washington on Tuesday, the Department of Justice quietly released a remarkable one-page document.

0:20.7

It gives President Trump, his family,

0:23.1

and his businesses complete immunity from any ongoing inquiries into their taxes.

0:28.9

The new provision could be lucrative for the president. As of 2024, the Times reported that

0:34.1

Trump could owe the IRS more than $100 million over his use of a dubious

0:39.3

accounting move related to his skyscraper in Chicago. It's not clear if that IRS investigation

0:44.8

is still ongoing, or if there are any other audits that would now be stopped. Experts say the

0:51.0

new immunity move might amount to illegal political interference in the audit process,

0:56.3

with one senior advisor at NYU's Tax Law Center calling it a, quote,

1:01.1

breathtaking abuse of the tax and legal system.

1:04.4

It was the latest in a series of maneuvers this week that have blurred the now almost invisible

1:09.6

line between the president and the Justice Department,

1:12.5

which has traditionally tried to stay independent of the White House. And it underscores how Trump is

1:17.7

intent on using his powers so that he and his allies can benefit financially from the federal

1:23.1

government. The immunity clause was actually an add-on to another controversial move by the DOJ this week,

1:29.6

its new $1.8 billion fund to compensate people who claim they were targeted during the Biden

1:35.5

administration. On Capitol Hill yesterday, acting Attorney General Todd Blanche, who will help oversee

1:41.2

the fund, defended that arrangement amid fiery criticism from lawmakers

1:45.5

who called it a slush fund for Trump's allies.

...

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