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Trump drops IRS lawsuit in exchange for DOJ ‘weaponization’ fund

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U.S. President Donald Trump speaks during a meeting with Chinese President Xi Jinping (not pictured) on the sidelines of a visit to the Zhongnanhai Garden in Beijing, China, May 15, 2026. (photo credit: REUTERS/Evan Vucci)
The settlement creates a nearly $1.8 billion DOJ-controlled fund for alleged victims of political “weaponization,” drawing sharp criticism from legal experts and democrats.