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Democrats blast Trump over 'slush fund' in possible IRS lawsuit settlement
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Democrats blast Trump over 'slush fund' in possible IRS lawsuit settlement

CNBC·Justin Papp·17 days ago
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U.S. President Donald Trump speaks in front of the American flag to the press as he departs the White House on May 12, 2026 in Washington, DC. Kevin Dietsch | Getty Images Democratic lawmakers on Friday slammed the Trump administration over reports that President Donald Trump would drop his $10 billion lawsuit against the Internal Revenue Service in an exchange for what some called a $1.7 billion "slush fund." "This administration is dripping with corruption from top to bottom, but rushing a settlement to steal $1.7 billion taxpayer dollars for a slush fund before a judge can toss your junk lawsuit would be among the most corrupt acts in American political history," Sen. Ron Wyden , D-Ore., the top Democrat on the Senate Finance Committee. "This lawsuit has never been anything more than a shakedown of the American people by a crook president and his crook lawyers," Wyden said. Trump, his two eldest sons, and his family business sued the IRS and the Treasury Department in U.S.…

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