Trump poised to launch $1.7B 'weaponization' fund for allies, sources say

ABC News
ABC News
Published on 15.05.2026

President Trump is expected to drop his $10 billion lawsuit against the IRS in exchange for the creation of a $1.7 billion fund to compensate allies who claim they were wrongfully targeted by the Biden administration, sources familiar with the matter told ABC News.

ABC News' Rachel Scott reports.

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