Trump drops IRS lawsuit in exchange for $1.7-billion ‘weaponization’ fund to compensate allies
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-1.00 · LEFT
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-0.257 · LEFT
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-0.129 · CENTER
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Article Excerpt
Donald J. Trump has dropped his legal battle with the Internal Revenue Service and agreed to a deal that could allow him to release his tax returns in exchange for a $1.7-billion “weaponization” fund designed to compensate allies who have been targeted by Democrats seeking political leverage.
The president, who had long resisted disclosing his returns, announced the deal late Tuesday night, saying he had reached an agreement with Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows.
According to a source familiar with the arrangement, Mr. Trump’s lawyers will ask a fed…
Read full article at The Globe and Mail ↗
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May 18, 2026
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