Trump drops $10 billion lawsuit against IRS
Donald Trump and his two eldest sons have dropped their $10 billion lawsuit against the IRS. This decision follows reports of a potential settlement involving the Department of Justice. The lawsuit was dismissed 'with prejudice,' preventing the plaintiffs from renewing the claims in the future.
- ▪Donald Trump and his sons dropped their lawsuit against the IRS.
- ▪The lawsuit was dismissed 'with prejudice,' meaning it cannot be renewed.
- ▪The move comes amid reports of a potential settlement with the Department of Justice.
10 outlets in our directory ran this story, first to last over 3 hours. Coverage spans 3 points on the political spectrum — 4 lean left, 3 centre, 1 lean right.
- ▪ Trump drops $10-billion lawsuit against IRS over leak of tax returns — The Globe and Mail
- ▪ Justice Department announces nearly $1.8B fund to compensate Trump allies in a deal to drop IRS suit - AP News — Google News
- ▪ Trump administration creates $1.8bn fund for victims of government ‘lawfare’ — International homepage
- ▪ Trump settles $10 billion lawsuit against IRS over leak of his tax returns — CBS News — Top
- ▪ Trump Drops $10 Billion Lawsuit Against IRS—But He Could Be Looking For Billion-Dollar Payday — Forbes — Business
- ▪ Trump dismisses lawsuit against IRS, court filing shows — Straits Times — World
- ▪ Trump voluntarily drops $10 billion lawsuit against the IRS over his leaked tax records — NBC News — Politics
- ▪ Trump drops IRS lawsuit to create $1.8B "anti-weaponization" fund — Axios
- ▪ Trump, in court filings, says he plans to drop his $10B lawsuit against IRS — ABC News — Top
CNBC — Top files mainly under finance. We currently carry 510 of its stories.
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| Original publisher | US Top News and Analysis |
| Canonical URL | https://www.cnbc.com/2026/05/18/trump-dismiss-irs-lawsuit.html |
| Publication time | Mon, 18 May 2026 14:28:22 GMT |
| Retrieval time | 2026-05-18T13:19:56.464Z |
| Last seen | 2026-05-18T14:54:06.500Z |
| Headline source | Publisher (no WeSearch rewrite) |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | Ql2ZRX71BdAb · 10 stories |
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| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Commercial reuse | May the content be reused commercially? | Not permitted |
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Opening excerpt (first ~120 words) tap to expand
President Donald Trump, his two eldest sons, and the Trump Organization dropped their $10 billion lawsuit against the Internal Revenue Service on Monday, according to a court filing in Miami federal court.The surprising move came on the heels of controversy over reports that the Department of Justice was negotiating a settlement with Trump that would see the federal government pay $1.7 billion toward a fund that could be used to compensate allies of Trump who allege wrongful treatment by the Biden administration.The court filing on Monday said Donald Trump, Donald Trump Jr., Eric Trump, and The Trump were voluntarily dismissing the lawsuit against the IRS "with prejudice."With prejudice means the plaintiffs can not renew the same claims in another civil complaint.This is breaking news.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at US Top News and Analysis.
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