Trump drops lawsuit against IRS amid talks of establishing a $1.8 billion fund for allies
- Posted on May 18, 2026
- By CNN
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- 1 min read
Trump drops lawsuit against IRS amid talks of establishing a $1.8 billion fund for allies
President Donald Trump is dropping his $10 billion lawsuit against the Internal Revenue Service, according to court documents, a signal that the administration is preparing to go forward with a plan to set up $1.8 billion fund that would compensate those who believe they were subject to unfair investigations under previous administrations.
