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The Pescadero Perspective
news Scmp World 2026-06-01

Trump's $1.8 Billion 'Weaponisation' Fund on Hold

A $1.8 billion fund established by former President Donald Trump to compensate victims of alleged government 'weaponisation' has been put on hold. The fund originated from a legal settlement related to Trump's lawsuit against the IRS.


US President Donald Trump’s US$1.8 billion ⁠fund to compensate victims of alleged government “weaponisation” has been put on hold, two sources familiar with the plan said on Monday. The fund emerged from a legal settlement between Trump and the ‌Justice Department to resolve an unprecedented lawsuit in which the president had sued the Internal Revenue Service for US$10 billion over the alleged mishandling of his tax records. The US$1.776 billion was meant to pay people who said they had been the...

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