Accounting News and other Headlines are automatically updated constantly as they break.
CNBC News | Friday, May 22, 2026
Trump defends DOJ fund after Senate Republicans push back
President Donald Trump on Friday defended the controversial new Department of Justice “Anti-Weaponization Fund,” saying, “I gave up a lot of money” in allowing it to be created. Trump’s comments on social media came a day after the fund received strong pushback from Senate Republicans, and some lawmakers promoted legislation that would ban taxpayer money from being used for the $1.8 billion payout pool. Acting Attorney General Todd Blanche, who is Trump’s former criminal defense lawyer, said early this week he was creating the “lawfare fund” as part of a settlement of Trump’s $10 billion lawsuit against the Internal Revenue Service. Trump got no money in that settlement. But the fund is intended to compensate many of his supporters who allege they were victims of prosecutorial overreach by the DOJ under the Biden administration. And Trump and his family members are getting immunity from IRS enforcement actions related to their tax returns under the settlement. “I gave up a lot of money in allowing the just announced Anti-Weaponization Fund to go forward,” Trump wrote in a Truth Social post. “I could have settled my case, including the illegal release of my Tax Returns and the equally illegal BREAK IN of Mar-a-Lago, for an absolute fortune,” Trump said. “Instead, I am helping others, who were so badly abused by an evil, corrupt, and weaponized Biden Administration, receive, at long last, JUSTICE!” Critics of the fund have called it a “slush fund,” and blasted the…Read more
♦ Blogs
♦ Bargain Shopping Directory
♦ Business Listings Directory
♦ Podcasts
♦ Press Release Promotions
♦ Radio News by Patrick O’Neil
♦ Weekly Business Highlights
Why patrickoneil.com Newsrooms are Unique
Founded by our president – an experienced Radio Broadcaster and Journalist of award winning work, our news pages here at patickoneil.com connect users to continuous breaking news collated from reputable media – locally, nationally and globally. You can confidently visit our news directories often from the links under ‘more news’ to easily access our breaking news pages. You will be able to quickly read automatically updated headlines and news briefs from up to 25 media sources on each newsroom (page), designed by categories. Users may also find bargains from Ads and promotions on our site including in our soon to be launched “Bargains Shopping Directory“. Learn more also from the “Research to help Consumers” link…
Copyright © 2002-2026 Patrick O’Neil Media Network Inc. / Promotions via Internet, Print, Radio & Television. All rights reserved.