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International Business Times UK
International Business Times UK
World
Mimi Heimbrod

Donald Trump Lawsuit: Democrats Cry Foul Over DOJ's New Settlement Agreement Preventing Tax Investigation of POTUS

President Trump moves to establish a $1.7 billion taxpayer‑funded compensation fund tied to dropping his $10 billion IRS lawsuit. (Credit: Matt Johnson/WikiMedia Commons)

Donald Trump has reached a $1.776 billion (£1.4 billion) settlement with the Justice Department over his leaked tax returns. The nine-page agreement states that the agency will no longer pursue any claims over tax liabilities against the president.

The settlement also impacts taxpayers believed to be victims of lawfare and weaponisation. While it did not directly mention any attempts to go after Trump, his family, or his businesses, the settlement benefits the US president.

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