Remarkable use of our tax dollars
-
The Justice Department on Monday launched a nearly $2 billion “anti-weaponization fund” as part of a settlement after President Trump sued the Internal Revenue Service (IRS) for $10 billion.
The fund, which will receive a total of $1.776 billion dollars, will give payouts as well as issue “formal apologies” to those who pursue settlements after arguing they were wronged by the government.
The settlement comes after Trump was criticized for seeking a major payout from the IRS over a suit he filed related to the leaking of his tax returns.
“The machinery of government should never be weaponized against any American, and it is this Department’s intention to make right the wrongs that were previously done while ensuring this never happens again,” Acting Attorney General Todd Blanche said in announcing the fund.
“As part of this settlement, we are setting up a lawful process for victims of lawfare and weaponization to be heard and seek redress.”
https://thehill.com/homenews/administration/5883454-doj-launches-anti-weaponization-fund/
-
Wonder if Kelly, Comey, and Powell will apply.
Acting Attorney General Todd Blanche on Tuesday defended the Trump administration’s plans to create a $1.776 billion fund that could pay allies of the Republican president who believe they were targeted politically as he faced questions from lawmakers in his congressional appearance since taking the reins of the Justice Department.
Blanche acknowledged that the “unusual” nature of the “Anti-Weaponization Fund,” which critics have called an illegal abuse of power designed to line the pockets of Trump supporters with taxpayer dollars. But the fund is not unprecedented, Blanche said, adding that those who benefit will not be limited to Republicans or to people who were investigated or prosecuted by the Biden administration.
Blanche also left open the possibility that people charged with committing violence during the Jan. 6, 2021 riot at the U.S. Capitol will be eligible for compensation.
“As was made plain yesterday, anybody in this country is eligible to apply if they believe they were a victim of weaponization,” Blanche told a Senate appropriations subcommittee. The decisions on payouts will be made a five-member commission appointed by the attorney general.
-
It just keeps getting better.
The Justice Department on Tuesday expanded the just-announced settlement of President Donald Trump’s lawsuit over the leaking of his tax returns to include a pledge that the IRS will no longer pursue any claims it may have against Trump, his family members and his companies over unpaid taxes.
The nine-page settlement agreement DOJ released Monday, setting up a nearly $1.8 billion fund to compensate victims of alleged weaponization of law enforcement, did not mention any resolution of disputes over Trump’s tax returns, which he has repeatedly claimed were under protracted audits by the IRS.
However, a one-page document posted on the DOJ website early Tuesday includes a sweeping release under which the IRS is “forever barred and precluded” from pursuing “examinations” of Trump, “related or affiliated individuals,” and related trusts and businesses.
The waiver specifically encompasses “tax returns filed before the effective date” of the settlement, which was Monday.
Acting Attorney General Todd Blanche signed the addendum, dated Tuesday. It does not bear the signature of any representative of the IRS or any current Trump lawyers. Metadata attached to the document indicates it was prepared or scanned at 7:50 a.m.
Tuesday.https://www.politico.com/news/2026/05/19/trump-irs-settlement-tax-returns-00927911
-
More ethically questionable activity:
U.S. President Donald Trump’s latest financial disclosures show that he or his investment advisers made more than 3,700 trades in the first quarter, a flurry totaling tens of millions of dollars and involving major companies that have dealings with his administration.
The transactions, spelled out in more than 100 pages of documents filed Thursday with the U.S. Office of Government Ethics, list purchases and sales in broad ranges, making it hard to calculate an exact value. But the volume of trading — more than 40 per day over a three-month period — stands out as much as the potential dollar value.
“This is an insane amount of trades,” said Matthew Tuttle, chief executive officer of Tuttle Capital Management, in an interview, adding that it looks more like something done by “a hedge fund with massive algo trades” that buys and shorts securities than a personal account.
In the first quarter, the president bought at least $1 million each in companies including Nvidia, Oracle, Microsoft, Boeing and Costco Wholesale, according to the documents. Other trades involved eBay, Abbott Laboratories, Uber Technologies, AT&T and discount store Dollar Tree.
The disclosure reignites conflict-of-interest concerns that have shadowed Trump’s terms in the White House. Critics have regularly accused him of mixing his official duties with his business interests. Unlike his predecessors, Trump didn’t divest or move his assets into a blind trust with an independent overseer. His sprawling business empire is managed by two of his sons and operates in several areas that intersect with presidential policy.
At the same time, Trump’s son-in-law Jared Kushner helps manage billions in investments for Qatar, Saudi Arabia and the United Arab Emirates while simultaneously serving as a “volunteer” envoy for the president on issues affecting the war in Iran and the Middle East in general.
http://www.japantimes.co.jp/business/2026/05/18/markets/trump-3700-trades-wall-street/
-
It just keeps getting better.
The Justice Department on Tuesday expanded the just-announced settlement of President Donald Trump’s lawsuit over the leaking of his tax returns to include a pledge that the IRS will no longer pursue any claims it may have against Trump, his family members and his companies over unpaid taxes.
The nine-page settlement agreement DOJ released Monday, setting up a nearly $1.8 billion fund to compensate victims of alleged weaponization of law enforcement, did not mention any resolution of disputes over Trump’s tax returns, which he has repeatedly claimed were under protracted audits by the IRS.
However, a one-page document posted on the DOJ website early Tuesday includes a sweeping release under which the IRS is “forever barred and precluded” from pursuing “examinations” of Trump, “related or affiliated individuals,” and related trusts and businesses.
The waiver specifically encompasses “tax returns filed before the effective date” of the settlement, which was Monday.
Acting Attorney General Todd Blanche signed the addendum, dated Tuesday. It does not bear the signature of any representative of the IRS or any current Trump lawyers. Metadata attached to the document indicates it was prepared or scanned at 7:50 a.m.
Tuesday.https://www.politico.com/news/2026/05/19/trump-irs-settlement-tax-returns-00927911
It just keeps getting better.
The Justice Department on Tuesday expanded the just-announced settlement of President Donald Trump’s lawsuit over the leaking of his tax returns to include a pledge that the IRS will no longer pursue any claims it may have against Trump, his family members and his companies over unpaid taxes.
The nine-page settlement agreement DOJ released Monday, setting up a nearly $1.8 billion fund to compensate victims of alleged weaponization of law enforcement, did not mention any resolution of disputes over Trump’s tax returns, which he has repeatedly claimed were under protracted audits by the IRS.
However, a one-page document posted on the DOJ website early Tuesday includes a sweeping release under which the IRS is “forever barred and precluded” from pursuing “examinations” of Trump, “related or affiliated individuals,” and related trusts and businesses.
The waiver specifically encompasses “tax returns filed before the effective date” of the settlement, which was Monday.
Acting Attorney General Todd Blanche signed the addendum, dated Tuesday. It does not bear the signature of any representative of the IRS or any current Trump lawyers. Metadata attached to the document indicates it was prepared or scanned at 7:50 a.m.
Tuesday.https://www.politico.com/news/2026/05/19/trump-irs-settlement-tax-returns-00927911
Wow.
-
More ethically questionable activity:
U.S. President Donald Trump’s latest financial disclosures show that he or his investment advisers made more than 3,700 trades in the first quarter, a flurry totaling tens of millions of dollars and involving major companies that have dealings with his administration.
The transactions, spelled out in more than 100 pages of documents filed Thursday with the U.S. Office of Government Ethics, list purchases and sales in broad ranges, making it hard to calculate an exact value. But the volume of trading — more than 40 per day over a three-month period — stands out as much as the potential dollar value.
“This is an insane amount of trades,” said Matthew Tuttle, chief executive officer of Tuttle Capital Management, in an interview, adding that it looks more like something done by “a hedge fund with massive algo trades” that buys and shorts securities than a personal account.
In the first quarter, the president bought at least $1 million each in companies including Nvidia, Oracle, Microsoft, Boeing and Costco Wholesale, according to the documents. Other trades involved eBay, Abbott Laboratories, Uber Technologies, AT&T and discount store Dollar Tree.
The disclosure reignites conflict-of-interest concerns that have shadowed Trump’s terms in the White House. Critics have regularly accused him of mixing his official duties with his business interests. Unlike his predecessors, Trump didn’t divest or move his assets into a blind trust with an independent overseer. His sprawling business empire is managed by two of his sons and operates in several areas that intersect with presidential policy.
At the same time, Trump’s son-in-law Jared Kushner helps manage billions in investments for Qatar, Saudi Arabia and the United Arab Emirates while simultaneously serving as a “volunteer” envoy for the president on issues affecting the war in Iran and the Middle East in general.
http://www.japantimes.co.jp/business/2026/05/18/markets/trump-3700-trades-wall-street/
More ethically questionable activity:
U.S. President Donald Trump’s latest financial disclosures show that he or his investment advisers made more than 3,700 trades in the first quarter, a flurry totaling tens of millions of dollars and involving major companies that have dealings with his administration.
The transactions, spelled out in more than 100 pages of documents filed Thursday with the U.S. Office of Government Ethics, list purchases and sales in broad ranges, making it hard to calculate an exact value. But the volume of trading — more than 40 per day over a three-month period — stands out as much as the potential dollar value.
“This is an insane amount of trades,” said Matthew Tuttle, chief executive officer of Tuttle Capital Management, in an interview, adding that it looks more like something done by “a hedge fund with massive algo trades” that buys and shorts securities than a personal account.
In the first quarter, the president bought at least $1 million each in companies including Nvidia, Oracle, Microsoft, Boeing and Costco Wholesale, according to the documents. Other trades involved eBay, Abbott Laboratories, Uber Technologies, AT&T and discount store Dollar Tree.
The disclosure reignites conflict-of-interest concerns that have shadowed Trump’s terms in the White House. Critics have regularly accused him of mixing his official duties with his business interests. Unlike his predecessors, Trump didn’t divest or move his assets into a blind trust with an independent overseer. His sprawling business empire is managed by two of his sons and operates in several areas that intersect with presidential policy.
At the same time, Trump’s son-in-law Jared Kushner helps manage billions in investments for Qatar, Saudi Arabia and the United Arab Emirates while simultaneously serving as a “volunteer” envoy for the president on issues affecting the war in Iran and the Middle East in general.
http://www.japantimes.co.jp/business/2026/05/18/markets/trump-3700-trades-wall-street/
Jared Kushner, aka Satan's representative on earth.
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Register Login