DOJ won't operate $1.8B Trump lawsuit compensation fund
Quick Look
- The Department of Justice will not operate a planned $1.8 billion compensation fund created to settle a lawsuit by Donald Trump against the IRS, Acting Attorney General Todd Blanche testified.
- Blanche stated, "We are not moving forward with the fund, period."
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Why It Matters
A $1.8 billion compensation fund was created to settle a lawsuit filed by President Donald Trump against the Internal Revenue Service. Acting Attorney General Todd Blanche testified before a House panel.
The Department of Justice will not operate a planned $1.8 billion compensation fund that was created to settle a lawsuit by President Donald Trump against the Internal Revenue Service, Acting Attorney General Todd Blanche testified to a House panel on Tuesday.
"We are not moving forward with the fund, period," Blanche told Rep. Grace Meng, D-N.Y., the ranking member of the House Appropriations Subcommittee on Commerce, Justice, Science.
Blanche said the DOJ would not operate the fund, regardless of the outcome of several lawsuits that were filed challenging its legality.
Open Questions
- What will happen to the $1.8 billion fund?
- Will the lawsuits challenging the fund's legality proceed?
- What are the implications for the original lawsuit by Donald Trump against the IRS?
