Before proceeding, let’s catalog Trump’s three personal financial claims against his own administration.
Trump’s first administrative claim, filed in 2023, concerned the Federal Bureau of Investigation’s supposed tortuous conduct in its Russiagate probe. Trump’s second administrative claim, filed in 2024, concerned the FBI’s supposed tortuous conduct in its Mar-a-Lago document search. Trump sought $115 million for each of these claims—$230 milliion total—to cover compensatory and punitive damages. He continued to pursue them after he re-entered the White House in January 2025, even though he was now negotiating with his own Justice department. Neither claim is yet resolved.
I can’t imagine that either party is eager to write such a memorandum. Instead, the race is on to settle before May 20. And whaddya know, the parties turn out not to be very far apart, even though Trump’s case would be weak even if he weren’t president. (More on that here.)
If any adversarial relationship exists in this lawsuit at all, it’s probably between Trump and his own lawyers, because he has a well-documented tendency either to fire them or to refuse them payment. Given such tensions, I’d guess the two unnamed sources who described this possible settlement to the Times were floating it as a trial balloon, not to the public, but to Trump himself. Will Trump go for a settlement in which no money changes hands? Very possibly not; he really likes money. It would be very like Trump to grouse that his Justice department settled Russiagate lawsuits from Carter Page and Michael Flynn, each for sums reportedly in excess of $1 million, but that the IRS wouldn’t do the same for him. And I’m the biggest victim of all!
If Trump agreed to settle, could Judge Williams block the settlement? Judges do occasionally invalidate court settlements, and there would be excellent reason to do so in this case. But what’s Judge Williams’s next move? If she throws out the lawsuit, or if Trump voluntarily withdraws it, it’s not clear anything can stop the IRS from settling with Trump at that point, except possibly another lawsuit brought on behalf of taxpayers arguing that Trump’s in violation of the Constitution’s emoluments clauses.
When Richard Nixon resigned from the presidency in 1974 rather than face likely impeachment over his Watergate crimes, everybody said “the system worked.” The trouble with Trump’s presidency, which entails much worse crimes, is that the system doesn’t work, or anyway isn’t working now. Which leave people like me little to say except: Mayday! I repeat. Mayday!
Hence then, the article about trump s plot to pocket billions in taxpayer dollars just might succeed was published today ( ) and is available on The New Republic ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Trump’s Plot to Pocket Billions in Taxpayer Dollars Just Might Succeed )
Also on site :