
(WASHINGTON) — Attorneys representing the Department of Justice and Donald Trump informed a federal judge on Monday that the president plans to drop his $10 billion lawsuit against the Internal Revenue Service.
ABC News has reported that Trump was planning to drop the suit in exchange for the creation of a $1.776 billion compensation fund for those who allege they were wrongly targeted under the Biden administration.
This is a developing story. Please check back for updates.
Copyright © 2026, ABC Audio. All rights reserved.
Latest posts by Terry "Tdub" West (see all)
- 2 New Jersey municipal water systems targeted in cyberattacks - August 5, 2026
- Former Olympian David Hearn’s attorneys want Reflecting Pool vandalism case permanently dismissed - August 5, 2026
- Released Nancy Guthrie ransom notes generated ‘slight increase’ in tips: Sheriff’s department - August 5, 2026










