Close Menu
The Financial News 247The Financial News 247
  • Home
  • News
  • Business
  • Finance
  • Companies
  • Investing
  • Markets
  • Lifestyle
  • Tech
  • More
    • Opinion
    • Climate
    • Web Stories
    • Spotlight
    • Press Release
What's On
How AI Could Blow Up Corporate Hierarchies

How AI Could Blow Up Corporate Hierarchies

June 26, 2026
Legal Tech Needs To Change Now

Legal Tech Needs To Change Now

June 26, 2026
New ‘Dota 2’ Dark Carnival Event Turns Heroes Into Robots

New ‘Dota 2’ Dark Carnival Event Turns Heroes Into Robots

June 26, 2026
Keanu Reeves Talks Voice Role In Stop-Motion Samurai Film ‘Hidari’ In Annecy Video Appearance

Keanu Reeves Talks Voice Role In Stop-Motion Samurai Film ‘Hidari’ In Annecy Video Appearance

June 26, 2026
Unsettling Relationships Developing Between Workers And AI Coworkers

Unsettling Relationships Developing Between Workers And AI Coworkers

June 26, 2026
Facebook X (Twitter) Instagram
The Financial News 247The Financial News 247
Demo
  • Home
  • News
  • Business
  • Finance
  • Companies
  • Investing
  • Markets
  • Lifestyle
  • Tech
  • More
    • Opinion
    • Climate
    • Web Stories
    • Spotlight
    • Press Release
The Financial News 247The Financial News 247
Home » Trump Abandons $1.8B Political Slush Fund—For Now

Trump Abandons $1.8B Political Slush Fund—For Now

By News RoomJune 1, 2026No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn WhatsApp Telegram Reddit Email Tumblr
Trump Abandons .8B Political Slush Fund—For Now
Share
Facebook Twitter LinkedIn Pinterest Email

Topline

President Donald Trump has paused his $1.8 billion “anti-weaponization” fund, the Justice Department confirmed Monday—at least temporarily—though while the DOJ cast blame on a recent court ruling for the fund ceasing operations, reports suggest the Trump administration is instead backing down amid GOP criticism of the settlement.

Key Facts

The DOJ said Monday it will “abide by” a recent court ruling that temporarily blocked the $1.776 billion fund, which was created as part of Trump’s settlement with the IRS and allows people who feel they’ve had the judiciary system “weaponized” against them to seek a payout.

The announcement followed reports by multiple outlets that the Trump administration planned to kill the fund or restrict it, with Senate Majority Leader John Thune, R-S.D., saying Monday lawmakers were in discussions with the White House about making changes to the settlement.

While the Trump administration blamed the court ruling for its decision to halt the fund, the court did not issue a ruling that would have made that necessary, as it instead blocked the fund from moving forward temporarily in order to allow court briefs to be filed, but did not make any determination that the fund was unlawful or should be blocked long-term.

Instead, reports suggest the Trump administration intended to back down from the fund amid widespread criticism from GOP lawmakers about the policy, which had stopped congressional leaders from bringing an immigration enforcement bill up for a vote.

Democrats have said they plan to add amendments to the immigration enforcement bill—which would direct some $70 billion to immigration enforcement agencies—that would either limit the “anti-weaponization” fund or get rid of it entirely, and at least some GOP senators were expected to vote in favor of those amendments.

It’s unclear whether the White House intends to only keep the $1.8 billion fund on hold until a court allows it to move forward—which could happen within weeks—or more broadly plans to nix the fund entirely, and the White House only responded with a link to the DOJ’s post on X on Monday when approached for comment.

What To Watch For

It’s unclear how long the $1.8 billion fund could stay on hold. The court order that blocked it keeps the fund on pause through at least June 12, when a hearing is scheduled for whether it should move forward, but it remains to be seen how the Trump administration will respond if the court reinstates it. It’s still possible the Trump administration will try to revive the controversial settlement, as an anonymous administration official told Axios on Monday only that the fund was “dead for now.”

What Did The Court Rule?

Judge Leonie M. Brinkema ruled Friday to temporarily bar the Trump administration from taking any further action regarding the fund, including transferring money to it, considering any claims for relief, and giving out any money through the fund. She did not offer any reasoning behind her decision, and did not make any judgment on whether or not the fund was lawful, only halting it so the parties in the lawsuit can file arguments on why it should or should not be paused for a longer period of time as litigation against it moves forward.

What Have Democrats Said?

Senate Minority Leader Chuck Schumer, D-N.Y., vowed in a letter to his Democratic colleagues Monday to wage a campaign to kill the $1.8 billion fund. “This week, Senate Democrats will launch a coordinated effort to kill the slush fund before one cent goes out the door,” Schumer wrote, adding Democrats will “force” their GOP colleagues to vote on the issue. Republicans voting on the fund would force them to publicly state they support or oppose it, which could be a liability ahead of the midterms. “Democrats are forcing Republicans to make one simple choice: kill the slush fund or own it,” Schumer wrote.

Further Reading

$1.776 billion $1.8 billion anti-weaponization fund dead donald trump GOP opposition immigration enforcement bill IRS Settlement john thune trump kills fund
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related News

Legal Tech Needs To Change Now

Legal Tech Needs To Change Now

June 26, 2026
Keanu Reeves Talks Voice Role In Stop-Motion Samurai Film ‘Hidari’ In Annecy Video Appearance

Keanu Reeves Talks Voice Role In Stop-Motion Samurai Film ‘Hidari’ In Annecy Video Appearance

June 26, 2026
Supreme Court Leaves IRS Free To Chase Taxpayers Forever Over Preparer Fraud

Supreme Court Leaves IRS Free To Chase Taxpayers Forever Over Preparer Fraud

June 25, 2026
Hints & Clues For Friday, June 26 (I’ll Gobble You Up!)

Hints & Clues For Friday, June 26 (I’ll Gobble You Up!)

June 25, 2026
OpenAI May Delay Its IPO To 2027, Report Says

OpenAI May Delay Its IPO To 2027, Report Says

June 25, 2026
‘The Bear’ Season 5 Rotten Tomatoes Reviews Say Series Cooks Up Satisfying Final Episodes

‘The Bear’ Season 5 Rotten Tomatoes Reviews Say Series Cooks Up Satisfying Final Episodes

June 25, 2026
Add A Comment
Leave A Reply Cancel Reply

Don't Miss
Legal Tech Needs To Change Now

Legal Tech Needs To Change Now

News June 26, 2026

The Legal Tech Talk conference, the must-attend and must-be-seen gathering of people who care about…

New ‘Dota 2’ Dark Carnival Event Turns Heroes Into Robots

New ‘Dota 2’ Dark Carnival Event Turns Heroes Into Robots

June 26, 2026
Keanu Reeves Talks Voice Role In Stop-Motion Samurai Film ‘Hidari’ In Annecy Video Appearance

Keanu Reeves Talks Voice Role In Stop-Motion Samurai Film ‘Hidari’ In Annecy Video Appearance

June 26, 2026
Unsettling Relationships Developing Between Workers And AI Coworkers

Unsettling Relationships Developing Between Workers And AI Coworkers

June 26, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks
Supreme Court Leaves IRS Free To Chase Taxpayers Forever Over Preparer Fraud

Supreme Court Leaves IRS Free To Chase Taxpayers Forever Over Preparer Fraud

June 25, 2026
Yes, Summer Is Supposed To Be Hot But Not This Hot

Yes, Summer Is Supposed To Be Hot But Not This Hot

June 25, 2026
Hints & Clues For Friday, June 26 (I’ll Gobble You Up!)

Hints & Clues For Friday, June 26 (I’ll Gobble You Up!)

June 25, 2026
Why Tech Alone Can’t Fix Broken Food Systems

Why Tech Alone Can’t Fix Broken Food Systems

June 25, 2026
The Financial News 247
Facebook X (Twitter) Instagram Pinterest
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact us
© 2026 The Financial 247. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.