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Forbes Topline

Trump Gets $1.8 Billion Payday With ‘Anti-Weaponization’ Fund As He Drops IRS Case

Forbes Topline

Forbes

Business News, Business, News, Entrepreneurship

4.86 Ratings

🗓️ 18 May 2026

⏱️ 4 minutes

🧾️ Download transcript

Summary

President Donald Trump voluntarily dropped his $10 billion lawsuit against the IRS on Monday in exchange for a $1.8 billion “anti-weaponization” fund that is expected to pay out money to Jan. 6 rioters, a broadly controversial move that’s already drawn widespread outrage from Democrats and ethics experts. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Donald Trump voluntarily dropped his $10 billion lawsuit against the IRS on Monday in exchange for a $1.8 billion anti-weaponization fund that is expected to pay out money to January 6 rioters, a broadly controversial move that's already drawn widespread outrage from Democrats

1:13.1

and ethics experts.

1:15.3

Trump filed a notice with the court Monday saying he had voluntarily dismissed his $10 billion

1:20.6

lawsuit against the IRS, which alleges the IRS failed to properly protect his tax returns

1:27.0

after a contractor passed

1:29.0

details of the president's taxes onto news outlets. The dismissal came after news reports

1:35.4

suggested Trump was poised to settle the case before a judge could potentially throw it out entirely.

1:42.5

While that filing did not mention a settlement, the Justice

1:46.0

Department filed a notice Monday announcing the creation of a new $1.8 billion, quote,

1:52.3

anti-weaponization fund as part of settling the case, confirming reporting from ABC News last week

1:59.3

that Trump intended to settle in exchange for the government

...

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