"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."
"Under the terms of settlement deliberations, Trump is also allegedly asking the IRS to issue a public apology for the disclosure of his personal financial records, and to waive an IRS audit of Trump, his family and his businesses. The White House did not immediately respond to a request for comment."
A proposed settlement would have Donald Trump drop a $10bn lawsuit against the Internal Revenue Service in exchange for launching a $1.7bn fund to compensate people he says were wrongfully targeted by the Biden administration. More than 1,500 January 6 rioters would be eligible for compensation under the reported terms. The Treasury Department’s Judgment Fund, which pays court judgments and settlements, would allegedly serve as the funding vehicle. The reported settlement terms also include a request for a public apology over the disclosure of Trump’s personal financial records and a waiver of IRS audits for Trump, his family, and his businesses. The reports also describe broader concerns about political influence over justice-related institutions and related political developments.
Read at www.theguardian.com
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