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Trump drops $10 billion IRS lawsuit in exchange for $1.7 billion fund for allies

Donald Trump Donald Trump Jr. Eric Trump IRS Joe Biden Lawsuit Justice Department the White House United States the US Justice Department

File photo: The Internal Revenue Service (IRS) building is seen in Washington, DC, USA, on September 28, 2020 — File photo: The Internal Revenue Service (IRS) building is seen in Washington, DC, USA, on September 28, 2020. © Erin Scott, Reuters

The US Justice Department on Monday announced the creation of a $1.7 billion fund to compensate allies of President Donald Trump who believe they were politically persecuted by the department under his predecessor Joe Biden's term in office. The fund is part of a deal to bring an end to Trump's $10 billion lawsuit against the Internal Revenue Service for the leak of his tax returns during his first stint in the White House.

The Trump administration on Monday announced the creation a $1.7 billion fund to compensate allies of the Republican president who believe they were mistreated by the Biden administration Justice Department.

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