Trump to Drop $1.8 Billion Fund in IRS Deal, Keeps Tax Probe Ban

The Trump administration is moving to drop controversial plans for a $1.8 billion fund to pay victims of alleged government “weaponization,” but will still provide immunity from any probes into the president’s past tax filings under a deal agreed to last month.

Acting Attorney General Todd Blanche announced the pivot during a congressional hearing on Tuesday. The fund, which was a key pillar of the agreement Trump reached in May with the IRS and Treasury Department over leaks of his tax information during his first term, had morphed into a political lightning rod.

Democrats have derided the planned account as ...