Dems demand answers from Treasury secretary on Trump's IRS settlement
Top Democrats are seeking clarification from Treasury Secretary Scott Bessent regarding a controversial IRS settlement involving President Trump. The settlement established a nearly $1.8 billion 'Anti-Weaponization Fund' intended to compensate those who claim they were unfairly targeted. Concerns have been raised about the fund's potential misuse and lack of transparency in its distribution.
- ▪Senate Democrats have expressed outrage over the $1.8 billion 'Anti-Weaponization Fund' created by Trump's IRS settlement.
- ▪The fund is intended to compensate individuals who allege wrongful targeting under the Biden administration.
- ▪The settlement includes provisions that end existing IRS audits of Trump and his family.
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| Original publisher | ABC News — Top |
| Canonical URL | https://abcnews.com/Politics/dems-demand-answers-treasury-secretary-trumps-irs-settlement/story?id=133187637 |
| Publication time | Fri, 22 May 2026 05:19:40 -0400 |
| Retrieval time | 2026-05-22T09:27:01.292Z |
| Last seen | 2026-05-22T09:27:01.292Z |
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| Summary source text | contentText |
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| Publisher visit | Yes — open original |
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ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onDems demand answers from Treasury secretary on Trump's IRS settlementThe settlement created a controversial $1.8B "Anti-Weaponization Fund."ByAllison PecorinMay 22, 2026, 5:07 AM5:36Sen. Ron Wyden speaks at a Senate Finance Committee hearing on Oct. 19, 2021, in Washington, D.C. | Senate Committee on Banking, Housing, and Urban Affairs Ranking Member Sen. Elizabeth Warren speaks during a hearing on Feb. 5, 2026, in Washington, D.C.
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