Trump dismisses $10bn suit against IRS and creates $1.7bn ‘anti-weaponization’ fund
Donald Trump has moved to dismiss a $10 billion lawsuit against the IRS, indicating he may be considering a settlement with the federal government. This potential settlement could establish a $1.7 billion fund to compensate his allies for alleged persecution. The lawsuit was prompted by the leak of Trump's tax returns by an IRS contractor.
- ▪Trump filed to dismiss a $10 billion lawsuit against the IRS on May 18, 2026.
- ▪He is reportedly considering a settlement that would create a $1.7 billion fund for his allies.
- ▪The lawsuit was initiated after an IRS contractor leaked Trump's tax returns.
4 outlets in our directory ran this story, first to last over 2 hours. Coverage spans 2 points on the political spectrum — 1 lean left, 1 centre.
- ▪ Trump Drops $10B IRS Lawsuit As Democrats Freak Out Over Possible Settlement Fund — RedState
- ▪ Trump drops IRS lawsuit, paving the way for a settlement — NPR — Business
- ▪ Trump moves to dismiss $10B lawsuit against IRS — The Hill
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| Original publisher | World news | The Guardian |
| Canonical URL | https://www.theguardian.com/us-news/2026/may/18/trump-dismiss-10-billion-dollar-irs-lawsuit |
| Publication time | Mon, 18 May 2026 16:09:19 GMT |
| Retrieval time | 2026-05-18T14:24:56.607Z |
| Last seen | 2026-05-18T16:51:54.261Z |
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| Cluster | OjSDodGLc1uw · 4 stories |
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Donald Trump speaks to the media aboard Air Force One on 15 May 2026 as he returns to the United States. Photograph: Alex Wong/Getty ImagesView image in fullscreenDonald Trump speaks to the media aboard Air Force One on 15 May 2026 as he returns to the United States. Photograph: Alex Wong/Getty ImagesDonald TrumpTrump moves to dismiss $10bn lawsuit against IRS amid reports he’s considering settlementSettlement with the US government would create $1.7bn fund to compensate allies for supposed persecution Sign up for the Breaking News US newsletter email Sam Levine in New YorkMon 18 May 2026 10.14 EDTLast modified on Mon 18 May 2026 10.16 EDTSharePrefer the Guardian on GoogleDonald Trump moved to dismiss a $10bn lawsuit against the IRS on Monday, dropping his claims amid reports he is…
Excerpt limited to ~120 words for fair-use compliance. The full article is at World news | The Guardian.
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