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BlueWaveNeverEnd

(15,046 posts) Mon May 18, 2026, 02:11 PM Monday

Expert: $1.7 billion slush fund for Trump could become one of the biggest presidential history

On abc new live right now

6 replies

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Expert: $1.7 billion slush fund for Trump could become one of the biggest presidential history (Original Post) BlueWaveNeverEnd Monday OP

No one is stopping him n/t leftstreet Monday #1

He is using the funds to establish his own thug army. wnylib Monday #2

Well, maybe not. no_hypocrisy Monday #3

Trump Can't Be on Both Sides of IRS Settlement, Democrats Say LetMyPeopleVote Monday #4

I thought we don't have the money for things johnnyfins Monday #5

Judge is taking the position that the lawsuit does not include any settlement LetMyPeopleVote Monday #6

leftstreet

(41,266 posts)

1. No one is stopping him n/t

Reply to BlueWaveNeverEnd (Original post)

Mon May 18, 2026, 02:14 PM

Monday

wnylib

(26,492 posts)

2. He is using the funds to establish his own thug army.

Reply to BlueWaveNeverEnd (Original post)

Mon May 18, 2026, 02:17 PM

Monday

With his thug army and ICE, he will rule by force.

no_hypocrisy

(55,427 posts)

3. Well, maybe not.

Reply to BlueWaveNeverEnd (Original post)

Mon May 18, 2026, 02:20 PM

Monday

A) It’s stopped in the courts,

Or

B) He does it again for a higher number.

LetMyPeopleVote

(182,350 posts)

4. Trump Can't Be on Both Sides of IRS Settlement, Democrats Say

Reply to BlueWaveNeverEnd (Original post)

Mon May 18, 2026, 02:26 PM

Monday

Since trump is on both sides of this "lawsuit", the courts have no jurisdiction. There can be no settlement if there was no real lawsuit in the first place.

Link to tweet

https://news.bloombergtax.com/daily-tax-report/trump-cant-be-on-both-sides-of-irs-settlement-democrats-say

Democrats asked a court to block a reported settlement between the IRS and President Donald Trump over a leak of his tax information during his first term, saying it lacks the bare minimum required to file a lawsuit: two opposing parties.

Nearly 100 House Democrats signed an amicus brief in the US District Court for the Southern District of Florida on Monday that says the case doesn’t distinguish between Trump as president and “personal capacity.” The brief also demands the court dismiss the lawsuit as unconstitutional. It sets another marker on how Democrats are finding fresh opportunities to highlight their opposition to how Trump’s personally benefiting from being president.

Trump moved toward dropping his $10 billion lawsuit against the IRS over the 2019 leak of his tax information in a court filing Monday morning. The Department of Justice announced the creation of a $1.7 billion federal fund to pay victims of so-called government weaponization to resolve the lawsuit, under which Trump wouldn’t receive any money directly.

“The President has repeatedly claimed far-reaching Executive power and frequently sought to use that power to further his own personal interests,” the brief said. “He cannot pretend that officials at the IRS and the Department of the Treasury—and their lawyers at the DOJ—operate independently from him for purposes of this case.”....

The Democrats’ filing is being handled by a task force led by top House Democrat leaders Joe Neguse (D-Colo.) and Hakeem Jeffries (D-N.Y.), along with House Judiciary Committee ranking member Jamie Raskin and House Ways and Means Committee ranking member Richard Neal (D-Mass.).

“We urge the Court to dismiss this ludicrous case for lack of jurisdiction and to block any settlement that would turn the Treasury into a vehicle for corrupt self-dealing in violation of the Constitution and Congress’s exclusive power of the purse,” Raskin said in a statement announcing the amicus brief.

johnnyfins

(4,011 posts)

5. I thought we don't have the money for things

Reply to BlueWaveNeverEnd (Original post)

Mon May 18, 2026, 03:11 PM

Monday

like this. I thought we only were able to fund defense. Didn't this president say that a few weeks ago?

This, among many other things, proves him to be a fraudulent dirtbag.

LetMyPeopleVote

(182,350 posts)

6. Judge is taking the position that the lawsuit does not include any settlement

Reply to BlueWaveNeverEnd (Original post)

Mon May 18, 2026, 08:52 PM

Monday

The lawsuit was void due to a lack of a "case or controversy" and is not mentioned in the motion to dismiss. The court is in effect ruling that this settlement is not part of the lawsuit and has no force or effect.

Link to tweet

NEWS A federal judge closes Trump's lawsuit against the IRS, noting there's "no settlement of record" because DOJ never mentioned one on the docket. We'll see if that upends the $1.776B fund to Trump's allies.

Again, the court had no jurisdiction in this case due to a lack of a case or controversy. There will be some litigation on this "settlement"

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