DOJ blocks IRS tax audits of President Trump and his family

Hinzugefügt: 2026-05-22

[00:00:00]This morning, in a stunning move, the Justice Department announcing the IRS is dropping all audits of President Trump and his family, declaring it is quote, "forever barred and precluded from pursuing any previous claims against the president, his sons, and their businesses." An arrangement that could significantly benefit the Trump family financially. The announcement tacked on to an already unprecedented settlement between Trump and his own government.

[00:00:26]The president dropping his $10 billion lawsuit against the IRS over the leak of his tax returns in exchange for the creation of a $1.8 billion fund in taxpayer money to benefit Trump allies who claim they were mistreated by the Biden justice department. Democrats arguing it's a slush fund for Trump supporters.

[00:00:46]>> This is corruption that has never been more blatant or more widespread. What is happening is you write the check, Trump and his cronies cash it. American taxpayers who are already being whacked with high prices are going to foot the bill.

[00:01:00]>> Even Senate Republican leader John Thun says he's quote not a big fan of the fund.

[00:01:06]>> I think that there are and and will be continue to be a lot of questions around that that uh the administration is going to have to answer. Among those who could benefit, those who were charged in connection with the January 6th attack on THE CAPITOL, >> including roughly 600 people who were charged with obstruction or assaulting police. At least 170 pleaded guilty, and dozens of others were found guilty by juries. Acting Attorney General Todd Bland, Trump's former personal attorney, who orchestrated the agreement, grilled on Capitol Hill. Will individuals who assaulted Capitol Hill police officers be eligible for this fund?

[00:01:46]>> Well, as it makes plain, any >> Just let me know if they're eligible for the fund.

[00:01:51]>> As as as was made plain yesterday, anybody in this country is eligible to apply if they believe they were victimization.

[00:01:59]>> And while the administration defends the 1.8 billion fund, the president once again brushing off the economic pain Americans are feeling because of the war with Iran. We have to do something with Iran. We cannot let them have a nuclear weapon. You want to see the world exploded. You want to see a problem. And this is peanuts.

[00:02:21]>> And this morning, tax experts that we've talked to are harshly criticizing this move to drop audits of Trump and his family. One telling us it is a quote breathtaking abuse of the tax and legal