Trump Vows to Donate Any Proceeds From $10 Billion IRS Lawsuit

Feb. 5, 2026, 1:01 AM UTC

President Donald Trump said he would donate any money he received in a $10 billion lawsuit that he filed against the US Treasury and Internal Revenue Service over an unauthorized disclosure of his tax returns to the press during his first term in office.

“Any money that I win, I’ll give it to charity, one hundred percent to charity, charities that will be approved by government or whatever,” Trump said in an interview with NBC News.

The president suggested he could exert pressure over Attorney General Pam Bondi and Treasury Secretary Scott Bessent in the case, acknowledging there had “never ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.