Here’s the latest you asked about: there have been reports in mid-May 2026 that President Trump’s $10 billion IRS lawsuit over the leak of his tax returns could be settled with a compensatory fund for allies and a public IRS apology, though no final agreement was publicly announced as of then. DOJ internal discussions and court-ordered briefs were underway to evaluate settlement terms, including whether to drop audits of Trump and his family. Key outlets around May 15–16, 2026 highlighted the possibility of a $1.7 billion fund to compensate individuals associated with Trump and related actions, but the case had not been resolved publicly at that time. These developments were reported by multiple outlets and reflected ongoing negotiations rather than a concluded settlement.
If you want, I can pull more recent updates or summarize the competing perspectives from the major outlets.
Sources
President Donald Trump is reportedly set to drop his $10 billion lawsuit against the IRS in exchange for a fund to compensate allies allegedly targeted by the Biden administration, sources familiar with the matter told ABC News. The lawsuit, filed in January, alleged the IRS failed to prevent the unauthorized release of his tax returns to The New York Times in 2019. The proposed settlement includes a $1.7 billion taxpayer-funded commission to pay individuals and organizations associated with...
www.independent.co.ukIn unprecedented self-dealing maneuver, billions of taxpayer dollars could be paid to US president and his allies
www.theguardian.comIt is highly unusual for a president to sue their own administration, but Trump has pursued similar tactics in the past
www.independent.co.ukThe Justice Department is holding internal discussions about settling President Donald Trump’s lawsuit against the Internal Revenue Service in coming days, according to three people familiar with the deliberations, a move that could involve the government directly providing taxpayer funds or another public benefit to the president. Whether to settle the suit and on what terms remains up in the air.
ground.newsWASHINGTON, D.C. – President Trump’s Justice Department is reportedly considering settling a lawsuit that the President and his family have…
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