Political and Legislative

Trump Drops $10 Billion IRS Lawsuit in Exchange for DOJ Creating a $1.8B ‘Lawfare’ Fund

President Donald Trump, his two eldest sons and the Trump Organization dropped their $10 billion lawsuit against the Internal Revenue Service on Monday in exchange for the Department of Justice creating a $1.776 billion fund to settle claims by people who allege they are victims of so-called lawfare.

A Miami federal court filing by Trump’s lawyers dropping the lawsuit suggested it effectively barred a judge from analyzing whether the president’s civil suit was legally valid and from dismissing it if she found it was invalid.

Read more at CNBC

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