Trump moves to drop $10 billion IRS lawsuit as DOJ weighs weaponization victims fund

Published May 18, 2026 10:49am ET | Updated May 18, 2026 10:49am ET



President Donald Trump on Monday moved to dismiss his $10 billion lawsuit against the IRS over the leak of his confidential tax returns, as the Justice Department reportedly weighs the creation of a $1.7 billion compensation fund for alleged victims of government “weaponization.”

The voluntary dismissal, filed in federal court in Miami by Trump attorney Alejandro Brito, offered little explanation for why the president chose to abandon the high-profile case just days before a scheduled hearing on whether the lawsuit should be thrown out altogether.

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