Wire flash
PoliticsTrump admin creates $1.8B 'anti-weaponization' fund, critics call it 'slush fund' for allies
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
The Trump administration has created a $1.8 billion 'anti-weaponization' fund to compensate individuals allegedly targeted under the Biden administration, while also barring the IRS from pursuing tax claims against President Trump, his family, or his businesses. The fund, set at $1.776 billion in a nod to America's founding, was established by the Justice Department to settle a $10 billion lawsuit Trump brought against the IRS over leaked tax returns. Critics across the political spectrum have condemned the move as corrupt, with Democrats calling it a 'slush fund' for Trump's allies and some Republicans expressing reservations. The fund's administration lacks transparency, and there are concerns it could compensate January 6 Capitol rioters. Two police officers who clashed with rioters have sued to block the fund. Columnists have described the fund as an 'obscene' theft of taxpayer money and part of a broader pattern of corruption.
Source report
What Happened
In a move that stunned government ethics experts, the Trump administration last week rolled out a $1.8 billion fund to compensate supposed victims of Biden-era "lawfare" and barred the IRS from pursuing "any and all" pending tax claims against the president, his family, or his businesses.
"This is one of the single most corrupt acts in American history," said Donald Sherman of the non-partisan Citizens for Responsibility and Ethics in Washington.
The "anti-weaponization" fund, set at $1.776 billion in a nod to America's founding, was created by the Justice Department to settle a $10 billion suit President Trump brought against the IRS for failing to stop the leak of his tax returns during his first term.
Acting Attorney General Todd Blanche said the fund will compensate people targeted under Biden for "political, personal, or ideological reasons," and that Trump and his family will not receive payouts. Blanche refused to rule out payment to rioters convicted of assaulting police in the Jan. 6, 2021, attack on the U.S. Capitol.
Trump said he wasn't involved in creating the fund, but that it would aid people who were "imprisoned wrongly" and who "turned out to be right."
Democrats assailed what they called a "slush fund" for Trump's allies. "It's nothing short of the sitting president of the United States looting from the Treasury for his own gain," said Sen. Patty Murray (D-Wash.).
Two police officers who clashed with rioters on Jan. 6 sued to block the fund, saying it would help "finance the insurrectionists and paramilitary groups that commit violence" in Trump's name.
Sen. John Thune, the top Senate Republican, said he was "not a big fan" of the fund and expected it to receive a "full vetting" from lawmakers.
What the Columnists Said
The Bulwark — Andrew Egger
This is Trump's "most brazen theft of taxpayer cash yet." Everything about this "obscene" setup is designed to "short-circuit all outside accountability." Blanche's order says the U.S. has "no liability" for "misuse of the funds." The five-person panel Blanche will pick to run the fund will not only get to "keep secret how they're making disbursement decisions, they can also keep a lid on who's getting paid." This is "emperor stuff" and grounds for impeachment under any Congress with "a shred of dignity."
National Review — Editorial
Trump's IRS lawsuit was bad, but this "boondoggle" is even worse. It amounts to a new government program not authorized by Congress, created under the "fictional pretense" of settling a dubious lawsuit the presiding judge seemed poised to throw out. The disbursement of the money through the U.S. Judgment Fund "may be legal," but there's "nothing in the Constitution that requires Congress to passively let this sort of thing happen."
The New York Times — Jamelle Bouie
The "most egregious part" is the dropping of all tax audits of Trump and his family. It shields them from "any scrutiny of their business deals and financial arrangements," and comes just after financial disclosures revealed that Trump bought and sold stocks worth at least $220 million — including in companies he's involved with — in the first quarter of the year. In 2024, the Times reported Trump could face a more than $100 million tax liability.
Daily Beast — David Rothkopf
This grift couldn't be more blatant if Trump walked out of Fort Knox with a "shopping cart filled with gold bullion." It's just the cherry atop a vast "campaign of corruption." He's accepted a luxury jet from Qatar, solicited donations "to projects designed to glorify him," doled out pardons to deep-pocketed donors, sold Trump watches and other "swag," and engaged in shady crypto ventures that have tripled his wealth to an estimated $6.5 billion. "We are no longer a shining city on the hill. We are instead a stinking cesspool of corruption, a republic for the rapacious."
The Atlantic — Jonathan Chait
Look beyond the pure corruption and you'll see an even uglier message in this fund. Trump has all but declared that he's going to use this $1.8 billion to reward the insurrectionists who were punished for trying to violently overturn his 2020 election loss. He could have handed out that cash toward the end of his term, but he's doing it now — as the midterms approach and his popularity plummets — "to communicate directly" to his supporters.
Source
TheWeek feedWestern
Part of this Story
Trump Reportedly Negotiating $1.7B IRS Settlement Fund for Allies