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Home Breaking News

Top Judiciary Democrat Raskin blasts possible Trump-IRS settlement

May 17, 2026
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Top Judiciary Democrat Raskin blasts possible Trump-IRS settlement
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The highest Democrat on the Home Judiciary Committee on Sunday blasted the potential fund to compensate allies of President Donald Trump, calling it a “political slush fund” that he stated is “unlawful” and “unconstitutional.” 

“Solely Congress has the facility to acceptable cash, and Congress by no means voted on creating this $1.7 billion political slush fund on the Division of Justice, and Congress would by no means go that,” stated Rep. Jamie Raskin, the committee’s rating member, in an interview with ABC Information’ “This Week” anchor George Stephanopoulos. 

“That is simply an invention on his half, however even when Congress wished to do it, I believe it is clearly unconstitutional on quite a lot of grounds,” he added.

Rep. Jamie Raskin, D-Md., seems on ABC Information’ “This Week” on Could 17, 2026.

ABC Information

 ABC Information reported Thursday that Trump is predicted to drop his $10 billion lawsuit towards the Inner Income Service in trade for the creation of the $1.776 billion fund for use to offer settlements to people who declare they had been wrongfully focused by the Biden administration, sources aware of the matter stated.

“We all know that the president needs to maintain establishing these political slush funds,” Raskin stated. “All of that is exterior of the Structure. All of it’s exterior of congressional spending energy, and so it’s unlawful. It’s unconstitutional.”

A fee overseeing the compensation fund would have complete authority to settle claims, which might be introduced by the almost 1,600 people charged in connection to the Jan. 6 assault on the U.S. Capitol and entities related to Trump himself. 

Raskin stated that compensating the now-pardoned Jan. 6 rioters could be a violation of the Fourteenth Modification.

“When you have a look at Part 4 of the Fourteenth Modification, it says that no cash could be spent by the federal authorities for the needs of paying for revolt or revolt. So, to the extent that he needs to offer 1,000,000 {dollars} to every of 1,600 pardoned rioters and insurrectionists, we expect that that is an unconstitutional use of cash,” Raskin stated.

Raskin known as on Congress to cease the fund from transferring ahead. 

Requested by Stephanopoulos whether or not Democrats would file lawsuits as effectively, Raskin stated, “Undoubtedly, we’ll.” 

“However keep in mind, we’re the Article I department. We’ve the facility over spending, and so we have now to say our spending energy to dam this,” he stated. “If our Republican colleagues have any respect for the Structure and the powers of Congress, they may transfer to dam it.”



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Tags: 10 billion133048584blastsConflict of interestCryptocurrencyDemocratDemocratic PartyDonald TrumpGeorge StephanopoulosInternal Revenue ServiceJamie RaskinJudiciaryJudiciary CommitteeLawsuitMarylandmeme coinRaskinsettlementslush fundThis WeekTopTrump AdministrationTrump phoneTrumpIRSVideo
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