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