New deal ‘forever’ blocks IRS claims against Trump family businesses, Dems say ‘outrageous’
May 20, 2026
The IRS is banned from pursuing certain tax-related claims involving President Donald Trump as part of a DOJ-brokered settlement.
Show More Show Less View Video Transcript
0:00
New details are emerging about President Trump's settlement with the IRS, and they're drawing new questions about a deal that already created a nearly $1.8 billion anti-weaponization fund
0:14
Newly released language would also bar the IRS from pursuing claims or examinations involving Trump, his family, or related businesses
0:23
Investigators discovered the new terms Tuesday in an addendum linked to the Justice Department's settlement announcement
0:30
Acting Attorney General Todd Blanche wrote that the federal government is, quote
0:34
forever barred and precluded from prosecuting or pursuing any and all claims asserted by the IRS against Trump, his family, or his business
0:44
The language covers tax matters, including Trump, family members, trusts, companies, and other related entities
0:51
The addendum expands on Monday's agreement that created the roughly $1.8 billion fund
0:57
for people who claim they were targeted by government weaponization during the Biden presidency
1:02
The administration is pushing back against criticism that the fund or the agreement benefits the president personally
1:09
Here's Vice President J.D. Vance on Tuesday. The question is, is a dollar of this money going to the Trump administration? No
1:16
Is a dollar of this money going to Donald Trump personally? No. Is a dollar of this money going to Donald Trump's family? No
1:23
The people that would get the money are people, some of whom have been prosecuted completely
1:28
disproportionate to any crime they ever committed Acting Attorney General Todd Blanche defended the agreement during congressional testimony It is true that this is unusual That is true
1:40
But it is not unprecedented, and it was done to address something that had never happened again either
1:46
So there is an unprecedented nature of what we did yesterday in response to years and years of weaponization
1:53
Associate Attorney General Stanley Woodward said it's too soon to pass judgment on the new fund
1:59
I think that it's way, way, way too early for us to rush to judgment on whether this was a good or a bad idea
2:06
to describe it as a slush fund, or really even to criticize it
2:10
You know why? Because there's not been a single claim filed. There's not been a single payment made
2:16
Critics see it very differently. Democratic Senator Chris Murphy told reporters the judge in the case even called it corrupt
2:22
because Trump was essentially suing himself. We've never, ever seen anything like this before
2:29
I get it that people don't know what a big number is anymore, but $1.7 billion, that's a lot of money
2:35
That's your taxpayer money. You worked hard for that money. And that money is now going into a political slush fund for the president to give to January 6th rioters
2:46
to hand out to his political allies around the country. That's outrageous
2:52
Massachusetts Democrat Richard Neal accused Trump of turning the federal government into, quote, his personal protection racket
3:00
Writing on X, this corruption marks a dark day for democracy
#news


