Trump news at a glance: billions of taxpayer dollars could go to president and his allies in unprecedented move

If case is settled for full amount Trump is requesting, a $10bn payment would more than double his family’s net worth – key US politics stories from Saturday, 16 May at a glance

Trump news at a glance: billions of taxpayer dollars could go to president and his allies in unprecedented move

TL;DR

  • Donald Trump is reportedly considering dropping his $10bn lawsuit against the IRS.
  • The potential settlement involves the creation of a $1.7bn fund to compensate individuals allegedly targeted by the Biden administration.
  • Over 1,500 January 6 rioters could be eligible for compensation from this fund.
  • Trump is also allegedly demanding a public apology from the IRS and a waiver of audits.
  • The article mentions other political events, including Lauren Boebert's accusations against Trump, an increase in January 6 defendants committing new crimes, and upcoming primary elections.
  • Separate news items include a Kansas judge blocking a ban on gender-transition treatments for minors, fears of changes at '60 Minutes', a rally for Black voting rights in Alabama, Trump's comments on ISIS leadership, and Trump's discussion with Xi Jinping about Jimmy Lai.