NewsThe GuardianMay 19, 2026United States
Justice Department creates $1.77 billion fund to compensate Trump allies
The Department of Justice has established a $1.776 billion 'anti-weaponization' fund to compensate allies of Donald Trump as part of a settlement to drop a $10 billion lawsuit against the IRS. The fund will operate with limited public oversight, featuring commissioners appointed by the attorney general and removable by the president.
Read the full story at The GuardianWhy It Matters
This agreement redirects $1.776 billion in federal funds to a private compensation body with confidential reporting requirements, bypassing standard public disclosure for government expenditures.
Key Facts
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Who's Mentioned
organizationJustice Department“The agency announcing the fund creation.”dollar_amount$1.776bn“The total value of the newly created fund.”organizationDepartment of Justice“Announced the creation of the $1.776 billion fund.”dateMonday“The day the announcement was made.”personDonald Trump“The president and plaintiff in the lawsuit against the IRS.”organizationIRS“The defendant in the $10 billion lawsuit dropped by Trump.”dollar_amount$10bn“The value of the lawsuit dropped by Trump and his sons.”