POLITICS

Trump Drops IRS Lawsuit; DOJ Creates Anti-Weaponization Fund

PUBLISHED May 18, 2026, 11:14 AM ET

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Sources: 11

Center 91%

Right 9%

Sources: 11

Washington — President Donald Trump filed a notice Monday dismissing his $10 billion lawsuit against the Internal Revenue Service and the U.S. Department of the Treasury, and the Department of Justice announced creation of an Anti-Weaponization Fund of about $1.776 billion along with a formal apology to the plaintiffs. Plaintiffs included Trump, Donald Trump Jr., Eric Trump and the Trump Organization, who will receive an apology but are ineligible for fund awards; Justice Department officials told outlets that any individual who alleges unfair targeting by federal agencies may apply, and observers in federal courts and the press raised questions this week about conflicts of interest.

By James Porter | JQJO News

Timeline of Events

January: Trump files a $10 billion lawsuit against the IRS over leaked tax returns.
A federal judge questions whether a sitting president can sue an agency he directs.
Media reports in mid-May indicate talks about creating a roughly $1.7 billion compensation fund.
Monday: Trump files a notice to dismiss the lawsuit; DOJ announces an Anti-Weaponization Fund and issues a formal apology.
Officials state individuals alleging targeting may apply; courts and commentators raise questions about eligibility and conflicts.

News Intelligence

This Anti-Weaponization Fund could affect you. If you've felt unfairly targeted by federal agencies, you may be eligible for compensation. Keep an eye on how to apply. And remember, this fund is about your rights.

Media Bias

Articles Published:: 11
Right Leaning:: 1
Left Leaning:: 0
Neutral:: 10

Who Benefited

The Anti-Weaponization Fund and the formal apology primarily benefited individuals alleging they were unfairly targeted by federal agencies, who may receive monetary compensation and restitution under the program's eligibility rules.

Who Impacted

The IRS and federal agencies face reputational scrutiny and potential financial liability; the settlement also amplified criticism that executive control over agencies could complicate accountability and legal processes.

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