Trump's 'weaponization' fund is on hold, sources say
Trump's 'weaponization' fund is on hold, sources say
ReutersMon, June 1, 2026 at 7:41 PM UTC
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U.S. President Donald Trump delivers remarks in the Memorial Amphitheater during a Memorial Day event at Arlington National Cemetery, Arlington, Virginia, U.S., May 25, 2026. REUTERS/Nathan Howard
WASHINGTON, June 1 (Reuters) - President Donald Trump's $1.8 billion "anti-weaponization" fund that would have benefited political allies is on hold, two sources familiar with the plan said on Monday.
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The fund, which would compensate such allies with taxpayer money, emerged from a legal settlement between Trump's Justice Department and the Internal Revenue Service to resolve an unprecedented lawsuit in which the president had sought $10 billion over the alleged mishandling of his tax records.
(Reporting by Nandita Bose and Steve Holland)
Source: “AOL Breaking”
