Trump Moves to Dismiss $10B Suit Against IRS
President Donald Trump has moved to withdraw his $10 billion lawsuit against the Internal Revenue Service over the leak of his tax returns after reports that a resolution of the case was close at hand
WASHINGTON (AP) — President Donald Trump on Monday moved to withdraw his $10 billion lawsuit against the Internal Revenue Service over the leak of his tax returns after reports that a resolution of the case was close at hand.
The disclosure was made in a filing in federal court in Florida, where the lawsuit was filed.
ABC News first reported last week that Trump was prepared to drop his lawsuit as part of a deal that would create a $1.7 billion fund to pay allies of the president who believe they were wrongly investigated and prosecuted.
The court filing did not mention terms of any potential deal.
(The above story first appeared on LatestLY on May 18, 2026 06:35 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
