U.S. President Donald Trump delivers remarks in the Memorial Amphitheater during a Memorial Day event at Arlington National Cemetery, Arlington, Virginia, U.S., May 25, 2026. REUTERS/Nathan Howard
U.S. President Donald Trump delivers remarks in the Memorial Amphitheater during a Memorial Day event at Arlington National Cemetery, Arlington, Virginia, U.S., May 25, 2026. REUTERS/Nathan Howard
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US Politics

Trump's 'weaponization' fund is on hold, sources say

WASHINGTON, June 1 (Reuters) – President Donald Trump’s $1.8 billion “anti-weaponization” fund that would have benefited political allies is on hold, two sources familiar with the plan said on Monday.

The ​fund, which would compensate such allies ​with taxpayer money, emerged from a legal settlement between Trump’s Justice Department and the Internal ​Revenue Service to resolve an ​unprecedented lawsuit in which the president had sought $10 ‌billion ⁠over the alleged mishandling of his tax records.

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(Reporting by Nandita Bose and Steve Holland)

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