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News in English (USA) / 18.05.2026 / 16:00

Trump Drops $10 Billion Lawsuit Against IRS Amid Controversial Settlement Talks

Former President Trump has decided to drop his $10 billion lawsuit against the IRS concerning leaked tax returns. The move comes in the context of negotiations to establish a controversial $1.7 billion compensation fund aimed at supporting his political allies. Critics, including House Democrats, have accused Trump of corruption, warning that this potential fund represents a significant misuse of taxpayer dollars. The situation has raised eyebrows, with speculation about the implications of such a fund designed to aid those involved in government investigations and other political adversities. Reports suggest that the Justice Department is finalizing a deal which could see Trump walking away from the lawsuit in exchange for promises of financial support for his supporters.
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