Understanding Trump's new "Anti-Weaponization Fund"
Marketplace Morning Report
Marketplace
4.5 • 927 Ratings
🗓️ 19 May 2026
⏱️ 9 minutes
🧾️ Download transcript
Summary
President Donald Trump has dropped his lawsuit against the IRS over the leak of his tax returns in exchange for the creation of a new $1.8 billion “Anti-Weaponization Fund,” which will compensate people who have been investigated or targeted for “political, personal, or ideological reasons.” We'll dig into the highly controversial fund. Also on the show: home sellers stay on the sidelines, and a pro dumpster diver finds gems amid dorm moveouts.
Transcript
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| 0:00.0 | Storms, floods, and fires are ever more extreme. |
| 0:04.2 | And yet, the Federal Emergency Management Agency is fighting for its life. |
| 0:08.5 | I've never been a big fan of FEMA. |
| 0:10.0 | FEMA's a disaster. |
| 0:11.1 | FEMA's a dirty way. |
| 0:11.9 | People are waking up in droves to the FEMA camps. |
| 0:14.8 | Can the agency survive the stories that have been told about it? |
| 0:18.2 | And can we survive without FEMA? |
| 0:20.6 | American Emergency, the Movement to Kill FEMA, is a brand new series from WNYC's On the Media. |
| 0:27.2 | Listen, wherever you get your podcasts. |
| 0:30.1 | Programming is supported by Stole Reeves, a leading U.S. corporate and litigation law firm |
| 0:35.0 | providing sophisticated business clients' high-quality legal services |
| 0:38.6 | with offices in seven states and Washington, D.C. Stoll Reeves is a nationally recognized leader |
| 0:45.1 | in project finance and natural resources industries. From deals and disputes to compliance |
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| 1:01.1 | A pulse check for the housing market. |
| 1:04.7 | From Marketplace, I'm Nancy Marshall-Genzor in Washington. |
| 1:08.0 | First, the top lawyer for the Treasury Department resigned yesterday just after |
| 1:12.7 | the government settled President Trump's $10 billion lawsuit against the IRS. Trump appointed the lawyer |
| 1:18.8 | Brian Morrissey as Treasury's General Counsel last year. The president dropped his lawsuit against the IRS |
| 1:24.9 | over the leak of his tax returns in exchange for the creation |
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