August 3, 2026

Acting Attorney General Terminates Trump’s $1.8 Billion Fund

Acting Attorney General Todd Blanche has officially terminated former President Donald Trump’s $1.8 billion “anti-weaponization fund.” The announcement came following negotiations with Republican senators who opposed Blanche’s nomination as attorney general.

A spokeswoman for Texas Senator John Cornyn confirmed the agreement, which precedes a Senate Judiciary Committee vote on Blanche’s nomination. Senator Thom Tillis, also involved in the negotiation, declined immediate comment.

Blanche made this decision after facing bipartisan opposition to potential payouts from the fund, which could have included participants in the January 6, 2021, Capitol attack. Cornyn and Tillis demanded written confirmation that the fund would not proceed before supporting Blanche’s nomination. Blanche described the discussions as conducted in “good faith.”

The Justice Department stated that the fund’s termination is now officially documented, asserting that the May 2026 order is effectively rescinded. They emphasized that there were no members, no funds transferred, no claims processes established, and no payments made.

The order also restricts a settlement provision granting broad tax audit immunity for Trump and his family. The immunity only applies retroactively to unresolved claims at the time of the settlement, safeguarding future tax filings from examination.

Senators Cornyn and Tillis, who formerly resisted Blanche’s nomination, expressed concerns similar to other GOP colleagues. Their opposition led to a delay in the Senate Judiciary Committee’s vote on Blanche, slated for Thursday.

Cornyn suggested the Justice Department was keen on resolving the issue, but the White House held firm even to support Trump’s former personal attorney, Blanche, who has advanced Trump’s agenda since serving as acting attorney general.

The ongoing negotiations highlighted Trump’s sustained support for the fund. During the discussion, he indicated the fund should proceed and contemplated pulling Blanche’s nomination if unresolved by the time Cornyn and Tillis leave office. Furthermore, Trump expressed that January 6 offenders deserved restitution, explaining they suffered due to the charges.

In court, Trump’s attorneys are appealing a ruling against the IRS lawsuit settlement, deemed improper by a judge. The judge flagged one of Trump’s lawyers for possible disciplinary measures and critiqued Blanche’s role, given his past representation of Trump. Blanche has dismissed such insinuations as unfounded.

While Justice Department lawyers have previously assured courts that the fund was halted, they resisted filing declarations under oath, claiming the court demands were unnecessary.

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