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The Guardian - US
The Guardian - US
World
Cate Brown and Sam Levine

Trump may settle his lawsuit against IRS for $1.7bn fund to compensate allies

Split image showing the Internal Revenue Service building sign and Donald Trump in a suit with a blue tie
Among other people, more than 1,500 January 6 rioters would be eligible to receive compensation from the fund. Photograph: Reuters

There is growing concern Donald Trump’s massive $10bn lawsuit against the Internal Revenue Service may soon be settled by his own administration – an unprecedented, self-dealing maneuver for a US president, in which billions of taxpayer dollars could be transferred to the president or his allies.

Trump may agree to drop his lawsuit in exchange for the launch of a $1.7bn fund to compensate people he says were wrongfully targeted by the Biden administration, according to reports by ABC News and the New York Times.

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