Brief World 3 sources • Published 4 days ago

Trump drops $10bn lawsuit against IRS in exchange for a settlement fund

The $1.7bn settlement fund will be created by the Trump administration for individuals who allege they were subjected to unfair investigations. Donald Trump speaks to the media aboard Air Force One on 15 May 2026 as he returns to the United States.
B TodayInBrief
Key Points
  • The $1.7bn settlement fund will be created by the Trump administration for individuals who allege they were subjected to unfair investigations. S1
  • Donald Trump speaks to the media aboard Air Force One on 15 May 2026 as he returns to the United States. Photograph: Alex Wong/Getty ImagesView image in fullscreenDonald Trump speaks to the media aboard Air Force One on 15 May 2026 as he returns to the United... S2
  • Legal action stemmed from leak of tax documents S3
Related live story
See the story coverage behind this brief.
Open story →