The U.S. Department of Justice announces the creation of a nearly $2 billion “anti-weaponization fund” as part of a settlement tied to President Trump’s lawsuit against the Internal Revenue Service (IRS). Multiple outlets report that Trump drops the IRS case in exchange for the fund, which is funded with $1.776 billion (about $2 billion) after a larger $10 billion lawsuit. The reported settlement terms include providing payouts to eligible claimants who argue the federal government wronged them and issuing “formal apologies” as part of resolving their claims.
Coverage also notes that the fund faces criticism. Al Jazeera reports widespread pushback from Democrats and government watchdog groups, while The Hill similarly describes political and oversight concerns surrounding the arrangement. NBC News focuses on the DOJ announcement and the potential uses of the fund following the settlement. Overall, outlets describe the decision as a DOJ-led settlement mechanism intended to compensate certain people through a structured program after the IRS lawsuit is withdrawn.