Trump administration scraps $1.8bn ‘anti-weaponisation fund’
The Trump administration is abandoning its nearly $1.8 billion "anti-weaponisation" fund following significant political backlash and legal setbacks. Acting Attorney General Todd Blanche confirmed this decision to House lawmakers, stating the fund would not move forward. This fund was intended as a settlement for a lawsuit Trump filed against the government over alleged mishandling of his tax records. While the $1.8 billion fund is being scrapped, a provision barring future audits of Trump's past tax records will remain in place. The administration faced bipartisan opposition, with concerns raised about the fund's potential beneficiaries and bypass of congressional oversight.