The federal government will not proceed with a plan to establish a $1.8 billion fund intended to support Donald Trump's allies, according to Acting Attorney General Todd Blanche. During a House appropriations committee hearing on June 2, 2026, Blanche stated, "We are not moving forward with the fund, period." He also confirmed that an agreement remains in place to prevent the Internal Revenue Service (IRS) from auditing Trump, his family, and related entities. This agreement, reached last month, includes continued immunity for Trump and his family regarding tax matters.
✓ AI-Debiased Article
Acting Attorney General Announces Cancellation of Trump's $1.8 Billion Fund
The federal government has decided to cancel a proposed $1.8 billion fund aimed at compensating Donald Trump's allies. Acting Attorney General Todd Blanche confirmed that the IRS will still be prohibited from auditing Trump and his family.
People
Todd Blanche
Annotating as
No note attached
on this article.
Original vs. Neutral
Original Headline
Acting attorney general says Trump’s $1.8bn anti-weaponization fund is scrapped
Neutral Headline
Acting Attorney General Announces Cancellation of Trump's $1.8 Billion Fund
