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Trump drops ‘unprecedented’ $10 billion lawsuit against IRS over leaked tax records

May 18, 2026Center Left

President Donald Trump is moving to voluntarily dismiss a $10 billion lawsuit against the IRS that legal experts called “unprecedented,” according to a Monday court filing.

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IRS and DOJ Settle Lawsuit Filed by Trump Following 2024 Leak of IRS Files – $1.7 Billion in Compensation for Victims Harmed by IRS Targeting

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In 2017 the DOJ and IRS settled a class action lawsuit filed by Tea Party groups for unlawful targeting by Lois Learner and the Cincinnati office of the IRS. The DOJ paid over 400 lawsuit participants dating back to 2013 and the IRS apologized for the unlawful targeting based on political affiliation. {citation} Between 2018 […] The post IRS and DOJ Settle…

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Trump drops $10 billion lawsuit against IRS

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Trump drops $10 billion lawsuit against IRS

President Trump, his two eldest sons and the Trump Organization voluntarily dismissed their $10 billion lawsuit against the IRS and Treasury Department on Monday, according to a filing in a Miami federal court.Why it matters: The dismissal comes as Trump has reportedly considered launching a $1.776 billion taxpayer-funded compensation fund for those who…

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Justice Department Creates Nearly $1.8 Billion Settlement Fund as Trump Drops IRS Lawsuit

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Justice Department Creates Nearly $1.8 Billion Settlement Fund as Trump Drops IRS Lawsuit

The unusual program aims to compensate people who claim they were harmed by the department.

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Trump Moves to Drop $10 Billion US Lawsuit Against IRS

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Trump Moves to Drop $10 Billion US Lawsuit Against IRS

President Donald Trump moved to drop his $10 billion lawsuit against the Internal Revenue Service over the 2019 leak of his tax information.

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Trump drops IRS lawsuit to establish $1.7 billion fund protecting Americans from government weaponization

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Trump drops IRS lawsuit to establish $1.7 billion fund protecting Americans from government weaponization

President Donald Trump has dropped his lawsuit against the Internal Revenue Service on Monday after agreeing to a settlement that requires the Department of Justice to create a fund for government lawfare victims.Trump, his two eldest sons, and the Trump Organization sued the IRS in January for $10 billion after a former IRS contractor admitted to leaking…

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Trump drops IRS lawsuit, paving the way for a settlement

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May 18, 2026

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Trump drops IRS lawsuit, paving the way for a settlement

The president sued the IRS and the Treasury Department in January, demanding $10 billion over the leak of his tax returns years ago.

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Trump Settles His Own Lawsuit Against the IRS for $1.8 Billion of Your Money

Reason.com

May 19, 2026

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Trump Settles His Own Lawsuit Against the IRS for $1.8 Billion of Your Money

The government says the money will go to a fund for those "who suffered weaponization and lawfare," but it's more likely a slush fund for Trump and his cronies.

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"Staggering Corruption": Rep. Raskin on Trump's $10B IRS Lawsuit, Stock Trades & Family Business

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"Staggering Corruption": Rep. Raskin on Trump's $10B IRS Lawsuit, Stock Trades & Family Business

Donald Trump on Monday dropped his $10 billion lawsuit against the Internal Revenue Service over a leak of his personal and business tax records, a bizarre case of a sitting president suing his own government and essentially acting as both plaintiff and defendant. This comes amid reports that Trump’s Department of Justice was considering settling the case…

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