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Trump Drops Tax Lawsuit, Plans Allies Fund

Global News Today | 2 Min News | The Daily News Now!

Published
May 18, 2026
Duration
1:20
Summary source
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Last updated
May 19, 2026

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Summary

Trump Drops Tax Lawsuit, Considering Compensation Fund for Allies Former President Trump is reportedly abandoning his ten billion dollar lawsuit against the IRS over the leak of his tax returns. Instead, hes exploring the creation of a one point seven billion dollar fund to compensate allies who believe they were wrongly investigated or prosecuted. This m…

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Trump Drops Tax Lawsuit, Considering Compensation Fund for Allies Former President Trump is reportedly abandoning his ten billion dollar lawsuit against the IRS over the leak of his tax returns. Instead, hes exploring the creation of a one point seven billion dollar fund to compensate allies who believe they were wrongly investigated or prosecuted. This move, criticized by Democrats as unconstitutional, reflects Trumps ongoing claims of political persecution, despite no charges resulting from hi

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