The Internal Revenue Service failed to provide reasonable security for President Donald Trump’s personal records, and an infiltrator copied them and handed them out to various publications trying to injure him.
So he filed a $10 billion lawsuit, and a report at the Daily Mail now suggests that a settlement is in the works, one that would provide $1.7 billion in payouts to his business entities and allies who say Biden’s weaponization of the American government against him also targeted them.
A commission to handle the money would have authority to hand out payments, and even entities associated with Trump would be qualified, ABC News said.
President Trump is expected to drop his $10 billion IRS suit in exchange for the creation of a $1.7 billion fund for victims of governmental “weaponization,” sources say. https://t.co/23J3AfcbX2 pic.twitter.com/cxSQnlbLZf
— ABC News (@ABC) May 15, 2026
Trump, in return, would drop his $10 billion case over the 2019 IRS leak, as well as $230 million in claims from what now has been documented as the unjustified FBI raid in 2022 on his Mar-a-Lago home.
Trump further would have the power to remove commission members and there would not necessarily be a requirement for them to reveal how the funds are awarded.
A statement from Trump’s legal team said the IRS “wrongly allowed a rogue, politically motivated employee to leak private and confidential information” regarding Trump and his businesses to various publications.
Among potential recipients would be the 1,600 persecuted under the Biden administration for J6 offenses, including things like trespassing.
Trump pardoned them and some have been seeking payments for wrongfully being targeted by Biden.
Because of the circumstances of the case, Trump supervising a bureaucracy that could end up paying damages for offenses against him, the judge has appointed several independent lawyers to advise.
