Trump Drops $1.8B IRS Fund But Retains Tax Audit Immunity Provision

Executive Briefing

• Acting AG Todd Blanche declared the $1.8 billion 'weaponization' fund dead during a congressional hearing Tuesday
• Confirms ban on pre-deal tax probes of Trump, his family, and companies remains fully in effect
• Democrat Rosa DeLauro accused the administration of granting roughly $100 million in effective tax immunity
• Blanche defended the audit ban as standard IRS settlement practice, not forward-looking blanket immunity
• Federal judge in Virginia had already temporarily blocked the fund amid multiple lawsuits