Trump drops frivolous IRS suit in exchange for apology, $1.776 billion fund for victims of government weaponization

Source: New York Post

“President Trump has dismissed his $10 billion lawsuit against the IRS in exchange for an apology and the establishment of a $1,776,000,000 billion [sic] fund to compensate victims of federal government weaponization. Anyone who believes they have been unfairly targeted by any administration could apply for compensation from the the Justice Department’s new Anti-Weaponization Fund — including those charged in connection with the Jan. 6, 2021, Capitol riot and even disgraced former first son Hunter Biden, a senior administration official told The Post. … President Trump, his sons Don Jr. and Eric and the Trump Organization — all of whom were plaintiffs in the IRS suit — are not entitled to any compensation from the fund, but will receive a formal apology.” (05/18/26)

https://nypost.com/2026/05/18/us-news/trump-drops-irs-suit-in-exchange-for-apology-1-776b-fund-for-victims-of-government-weaponization-and-even-hunter-biden-can-ask-for-award/