President Donald Trump is in active negotiations to settle a $10 billion (£7.9 billion) lawsuit he and his sons filed against the Internal Revenue Service, according to court documents reported by Reuters. Both parties have sought deadline extensions, citing ongoing discussions aimed at avoiding 'protracted litigation.'
The case has drawn significant attention due to the conflict of interest at its centre: the IRS is being defended by attorneys appointed by Trump himself, including his attorney general and treasury secretary. Congressional Democrats have introduced legislation seeking to block sitting presidents and their families from receiving settlement payments from federal agencies.
