Trump May Drop $10bn IRS Lawsuit for $1.7bn 'Victim Fund'

Donald Trump may agree to drop his massive $10bn lawsuit against the Internal Revenue Service in exchange for the launch of a $1.7bn fund to compensate people he says were wrongfully targeted by the Biden administration, according to reports.

The case is the latest example of how Trump has taken over the justice department – which typically operates at arm’s length from the White House – and deployed it for his own ends.

Among other people, more than 1,500 January 6 rioters would be eligible to receive compensation from the fund, ABC said. The treasury department’s Judgment Fund, a pool of taxpayer funds reserved to pay out court judgments and settlements, would allegedly become the vehicle for Trump’s self-styled victim compensation fund.