Trump has created a slush fund of taxpayer money to give to his friends | Moira Donegan
Source: US news | The Guardian · Bias: Center Left
Summary
The ‘Anti-Weaponization Fund’ is an extraordinary example of bald self-dealingDonald Trump is stealing almost $2bn in taxpayer money and handing it out to his friends. That’s the upshot of the president’s recent agreement following a $10bn lawsuit he brought in his personal capacity against the IRS, an agency that he oversees. Trump brought the suit over leaks of some documents from his tax returns to the press. To resolve the suit, the justice department will create a fund of nearly $1.8bn – a wildly outsized figure compared with Trump’s somewhat flimsily alleged injuries – that can be doled out to Trump allies. The Guardian describes the fund as “loosely controlled and secretive”, but members of the Trump administration have not ruled out January 6 insurrectionists as possible awardees.The so-called “Anti-Weaponization Fund” will be administered by four commissioners appointed by Trump’s attorney general and one appointed “in consultation” with congressional leadership – Trump, who can fire the commissioners, will have ultimate control. It will have the authority to issue formal apologies for alleged mistreatment of conservative political actors by previous administrations – ie, those few who were prosecuted or sued during the Biden era. When Trump leaves office, any remaining money will not be available for his successor to use similarly, but will instead be distributed back to the federal government. But I doubt that there will be any remaining money. We may never know either way: there is no requirement that the fund’s work be made public, and required reports to the attorney general on its conduct are to be confidential. In addition to the creation of this massive slush fund, the agreement also requires that the IRS drop all audits of Trump and his family.Moira Donegan is a Guardian US columnist Continue reading...
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Daily Analysis
Read the full Parallax Pulse for May 21, 2026 — an AI-powered analysis of how Left and Right media covered the biggest stories this day.
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