Trump has created a slush fund of taxpayer money to give to his friends | Moira Donegan

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Published 5/21/2026, 12:00:10 PM · Updated 5/21/2026, 1:34:18 PMBy TheBriefWire Editorial Team

Trump has created a slush fund of taxpayer money to give to his friends | Moira Donegan

Key points

  • Donald Trump is stealing almost $2bn in taxpayer money and handing it out to his friends.
  • That’s the upshot of the president’s recent agreement following a $10bn lawsuit he brought in his personal capacity against the IRS, an agency that he oversees.
  • Trump brought the suit over leaks of some documents from his tax returns to the press.
  • To resolve the suit, the justice department will create a fund of nearly $1.8bn – a wildly outsized figure compared with Trump’s somewhat flimsily alleged injuries – that can be doled out to Trump allies.
  • The Guardian describes the fund as “loosely controlled and secretive”, but members of the Trump administration have not ruled out January 6 insurrectionists as possible awardees.

Published May 21, 2026.


📌 Source: The Guardian

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