Trump dismisses $10bn suit against IRS and creates $1.7bn ‘anti-weaponization’ fund | Donald Trump | The Guardian

The justice department announced on Monday it was creating a loosely controlled and secretive $1.776bn fund to compensate Donald Trump allies as part of an agreement in which Trump and his sons dropped a $10bn longshot lawsuit against the IRS.

The money, which critics said was essentially a slush fund, will be overseen by five commissioners – four of whom would be appointed by the attorney general and removable by Trump – who would oversee the body’s work. A fifth commissioner will be appointed “in consultation” with congressional leadership. The fund also has the power to issue “formal apologies” and will send a quarterly confidential report to the US attorney general outlining who has been paid from the fund. There is no requirement that the fund’s work be made public.

There did not appear to be any restrictions on who can seek compensation from the fund. A copy of the agreement released on Monday evening says that claims will be evaluated based on a number of factors, including “the strength of the claim and supporting evidence, the claimant’s actions, any time the person making the claim spent in prison, attorney’s fees, and “other factors the Anti-Weaponization Fund deems just and appropriate”.

Any money left in the fund at the end of Trump’s term would be returned to the federal government.

The agreement was signed by Stanley Woodward, the associate attorney general, and number three official at the justice department. Woodward represented January 6 defendants as well as many Trump allies who came under scrutiny for their efforts to overturn the 2020 election and in the classified documents case.