Trump's 'weaponization' fund is on hold, sources say

WASHINGTON - President Donald Trump's $1.8 billion "anti-weaponization" fund that would have benefited political allies is on hold, two sources familiar with the plan said on Monday.

The ​fund, which would compensate such allies ​with taxpayer money, emerged from a legal settlement between Trump's Justice Department and the Internal ​Revenue Service to resolve an ​unprecedented lawsuit in which the president had sought $10 ‌billion ⁠over the alleged mishandling of his tax records.

(Reporting by Nandita Bose and Steve Holland)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published June 1, 2026 at 12:41 PM.