{"id":1204,"date":"2026-05-17T00:40:05","date_gmt":"2026-05-17T00:40:05","guid":{"rendered":"https:\/\/usglobalnews.com\/?p=1204"},"modified":"2026-05-17T00:40:06","modified_gmt":"2026-05-17T00:40:06","slug":"trump-news-at-a-glance-billions-of-taxpayer-dollars-could-go-to-president-and-his-allies-in-unprecedented-move","status":"publish","type":"post","link":"https:\/\/usglobalnews.com\/?p=1204","title":{"rendered":"Trump news at a glance: billions of taxpayer dollars could go to president and his allies in unprecedented move"},"content":{"rendered":"<div style=\"border-color:var(--article-border);background-color:var(--article-inner-background)\" class=\"dcr-wqti5a\">\n<div class=\"dcr-2zxs1v\">\n<div style=\"--grid-area:media\" data-gu-name=\"media\" class=\"dcr-1fnjjtg\">\n<div class=\"dcr-14emo0l\">\n<div class=\"dcr-tr9ye5\">\n<figure id=\"8980c76f-54e2-46c1-81c7-ed3a42ce81e3\" class=\"dcr-142siv7\">\n<div id=\"img-1\" class=\"dcr-1t8m8f2\"><img decoding=\"async\" alt=\"US President Donald Trump speaks to media outside the White House\" src=\"https:\/\/i.guim.co.uk\/img\/media\/2d5909ea127d382bc56ba33eac42cabc15a98cd7\/0_0_4000_2667\/master\/4000.jpg?width=465&amp;dpr=1&amp;s=none&amp;crop=none\" width=\"465\" height=\"310.03875\" loading=\"eager\" class=\"dcr-evn1e9\"><span class=\"dcr-v822l1\"><\/p>\n<div class=\"dcr-gup2gr\">\n<div class=\"dcr-fntg6k\"><label for=\"the-checkbox\" class=\"dcr-1xgwz8b\"><\/label> <\/p>\n<div id=\"the-caption\"><figcaption data-spacefinder-role=\"inline\" class=\"dcr-1os51wo\"><span class=\"dcr-hvsf4t\"><\/span><span class=\"dcr-1qvd3m6\">The US president, Donald Trump, wants to launch a $1.7bln fund to compensate his allies.<\/span> Photograph: Eric Lee\/EPA<\/figcaption><\/div>\n<\/div>\n<\/div>\n<p><\/span><a href=\"#img-1\" data-ignore=\"global-link-styling\" class=\"open-lightbox dcr-13fd1ms\" aria-hidden=\"true\"><button data-element-id=\"8980c76f-54e2-46c1-81c7-ed3a42ce81e3\" type=\"button\" class=\"open-lightbox dcr-4tmywn\" aria-haspopup=\"dialog\"><span class=\"dcr-194i6pr\">View image in fullscreen<\/span><\/button><\/a><\/div>\n<p><span class=\"dcr-n4pnam\"><figcaption data-spacefinder-role=\"inline\" class=\"dcr-1hdkqum\"><span class=\"dcr-hvsf4t\"><\/span><span class=\"dcr-1qvd3m6\">The US president, Donald Trump, wants to launch a $1.7bln fund to compensate his allies.<\/span> Photograph: Eric Lee\/EPA<\/figcaption><\/span><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"--grid-area:border\" data-gu-name=\"border\" class=\"dcr-1fnjjtg\"><\/div>\n<div style=\"--grid-area:headline\" data-gu-name=\"headline\" class=\"dcr-1fnjjtg\">\n<div class=\"dcr-14emo0l\">\n<div class=\"dcr-1aqe7zu\">\n<div class=\"dcr-13sure5\">\n<div class=\"dcr-47lvke\"><a href=\"\/tone\/explainers\" class=\"dcr-epjkf7\">Explainer<\/a><\/div>\n<\/div>\n<h1 class=\"dcr-1k1a1x\">Trump news at a glance: billions of taxpayer dollars could go to president and his allies in unprecedented move<\/h1>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"--grid-area:standfirst\" data-gu-name=\"standfirst\" class=\"dcr-1fnjjtg\">\n<div class=\"dcr-b3fmmo\">\n<p>If case is settled for full amount Trump is requesting, a $10bn payment would more than double his family\u2019s net worth \u2013 key US politics stories from Saturday, 16 May at a glance<\/p>\n<\/div>\n<\/div>\n<div style=\"--grid-area:body\" data-gu-name=\"body\" class=\"dcr-kn9unn\">\n<div class=\"dcr-1a4fred\">\n<div id=\"maincontent\" class=\"dcr-ydnaza\">\n<div class=\"article-body-commercial-selector article-body-viewer-selector dcr-1c9t5u6\">\n<p class=\"dcr-130mj7b\">Donald Trump may agree to drop his massive $10bn lawsuit against the Internal Revenue Service in exchange for the launch of a $1.7bn fund to compensate people he says were wrongfully targeted by the Biden administration, according to reports.<\/p>\n<p class=\"dcr-130mj7b\">The case is the latest example of how Trump has taken over the justice department \u2013 which typically operates at arm\u2019s length from the White House \u2013 and deployed it for his own ends.<\/p>\n<p class=\"dcr-130mj7b\">Among other people, more than 1,500 January 6 rioters would be eligible to receive compensation from the fund, ABC said. The treasury department\u2019s Judgment Fund, a pool of taxpayer funds reserved to pay out court judgments and settlements, would allegedly become the vehicle for Trump\u2019s self-styled victim compensation fund.<\/p>\n<figure data-spacefinder-role=\"inline\" data-spacefinder-type=\"model.dotcomrendering.pageElements.QAndAExplainerBlockElement\" class=\"dcr-173mewl\">\n<div data-spacefinder-role=\"nested\">\n<hr class=\"dcr-1peeo35\">\n<h2 id=\"trump-may-settle-his-lawsuit-against-irs-for-17bn-fund-to-compensate-allies\" class=\"dcr-bry4uv\">Trump may settle his lawsuit against IRS for $1.7bn fund to compensate allies<\/h2>\n<p class=\"dcr-130mj7b\">Under the terms of settlement deliberations, Trump is also allegedly asking the IRS to issue a public apology for the disclosure of his personal financial records, and to waive an IRS audit of Trump, his family and his businesses. The White House did not immediately respond to a request for comment.<\/p>\n<p class=\"dcr-130mj7b\"><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/may\/16\/trump-irs-lawsuit-compensation-fund\" data-link-name=\"in body link\"><sub class=\"dcr-130mj7b\">Read the full story<\/sub><\/a><\/p>\n<\/div>\n<div data-spacefinder-role=\"nested\">\n<hr class=\"dcr-1peeo35\">\n<h2 id=\"lauren-boebert-suggests-trump-withheld-funds-to-colorado-over-prosecution-of-election-denier\" class=\"dcr-bry4uv\">Lauren Boebert suggests Trump withheld funds to Colorado over prosecution of election denier<\/h2>\n<p class=\"dcr-130mj7b\">Republican congresswoman Lauren Boebert suggested that Trump blocked funds for a clean drinking water project in her state over the prosecution of election denier Tina Peters.<\/p>\n<p class=\"dcr-130mj7b\"><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/may\/16\/lauren-boebert-trump-funds-colorado-drink-water-funds-tina-peters\" data-link-name=\"in body link\"><sub class=\"dcr-130mj7b\">Read the full story<\/sub><\/a><\/p>\n<\/div>\n<div data-spacefinder-role=\"nested\">\n<hr class=\"dcr-1peeo35\">\n<h2 id=\"at-least-five-people-pardoned-by-trump-for-capitol-attack-accused-of-new-crimes\" class=\"dcr-bry4uv\">At least five people pardoned by Trump for Capitol attack accused of new crimes<\/h2>\n<p class=\"dcr-130mj7b\">The number of the president\u2019s supporters accused of committing new crimes after Trump pardoned them for their roles in the January 6 Capitol attack recently increased to at least five.<\/p>\n<p class=\"dcr-130mj7b\"><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/may\/16\/trump-capitol-attack-supporters-new-crimes\" data-link-name=\"in body link\"><sub class=\"dcr-130mj7b\">Read the full story<\/sub><\/a><\/p>\n<\/div>\n<div data-spacefinder-role=\"nested\">\n<hr class=\"dcr-1peeo35\">\n<h2 id=\"republican-louisiana-senator-in-tough-primary-after-trump-backs-opponent\" class=\"dcr-bry4uv\">Republican Louisiana senator in tough primary after Trump backs opponent<\/h2>\n<p class=\"dcr-130mj7b\">The power of Trump\u2019s endorsement will be put to its latest test on Saturday, when Louisiana holds primary elections in which the US senator Bill Cassidy, who voted to impeach the president after the January 6 insurrection, stands a chance of losing his party\u2019s nomination.<\/p>\n<p class=\"dcr-130mj7b\"><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/may\/16\/trump-bill-cassidy-louisiana-senate-race\" data-link-name=\"in body link\"><sub class=\"dcr-130mj7b\">Read the full story<\/sub><\/a><\/p>\n<\/div>\n<div data-spacefinder-role=\"nested\">\n<hr class=\"dcr-1peeo35\">\n<h2 id=\"can-a-republican-defy-donald-trump-and-survive-kentucky-voters-will-decide\" class=\"dcr-bry4uv\">Can a Republican defy Donald Trump and survive? Kentucky voters will decide<\/h2>\n<p class=\"dcr-130mj7b\">Congressman Thomas Massie, chastized by the US president as a \u2018lowlife\u2019, will soon face the ballot box \u2013 setting up a crucial test of Trump\u2019s political strength.<\/p>\n<p class=\"dcr-130mj7b\"><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/may\/16\/kentucky-republican-primary-election-massie-gallrein\" data-link-name=\"in body link\"><sub class=\"dcr-130mj7b\">Read the full story<\/sub><\/a><\/p>\n<\/div>\n<div data-spacefinder-role=\"nested\">\n<hr class=\"dcr-1peeo35\">\n<h2 id=\"what-else-happened-today\" class=\"dcr-bry4uv\">What else happened today:<\/h2>\n<ul class=\"dcr-130mj7b\">\n<li class=\"dcr-130mj7b\">\n<p class=\"dcr-130mj7b\">A Kansas judge has <strong><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/may\/16\/kansas-judge-blocks-law-banning-gender-transition-treatments-for-minors\" data-link-name=\"in body link\">temporarily blocked a law banning gender-transition treatments for minors<\/a><\/strong> in the state.<\/p>\n<\/li>\n<li class=\"dcr-130mj7b\">\n<p class=\"dcr-130mj7b\">CBS News insiders fear<strong> <a href=\"https:\/\/www.theguardian.com\/media\/2026\/may\/16\/cbs-bari-weiss-60-minutes\" data-link-name=\"in body link\">Bari Weiss will soon enact \u2018massive changes\u2019 to 60 Minutes<\/a>.<\/strong><\/p>\n<\/li>\n<li class=\"dcr-130mj7b\">\n<p class=\"dcr-130mj7b\"><strong><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/may\/16\/alabama-black-voting-rights-protest\" data-link-name=\"in body link\">Thousands rally in Alabama for Black voting rights<\/a><\/strong>.<\/p>\n<\/li>\n<li class=\"dcr-130mj7b\">\n<p class=\"dcr-130mj7b\">Trump said <strong><a href=\"https:\/\/www.theguardian.com\/world\/2026\/may\/16\/islamic-state-abu-bilal-al-minuki-killed-by-us-nigerian-forces-trump-says\" data-link-name=\"in body link\">US and Nigerian forces have killed the \u201csecond in command\u201d global leader of the Islamic State<\/a><\/strong>.<\/p>\n<\/li>\n<li class=\"dcr-130mj7b\">\n<p class=\"dcr-130mj7b\">Trump <strong><a href=\"https:\/\/www.theguardian.com\/world\/2026\/may\/16\/trump-not-optimistic-jimmy-lai-release-xi-jinping\" data-link-name=\"in body link\">raised the case of jailed Hong Kong democracy campaigner Jimmy Lai in talks with Chinese leader Xi Jinping<\/a><\/strong> but was told it \u201cis a tough one\u201d.<\/p>\n<\/li>\n<\/ul>\n<\/div>\n<hr class=\"dcr-ibrox0\"><\/figure>\n<p class=\"dcr-130mj7b\">Catching up?<em> Here\u2019s what happened on <strong><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/may\/15\/trump-news-at-a-glance-latest-updates-today\" data-link-name=\"in body link\">15 May 2026<\/a><\/strong>.<\/em><\/p>\n<figure id=\"271f8e94-7951-4b84-a9be-c321822c01de\" data-spacefinder-role=\"inline\" data-spacefinder-type=\"model.dotcomrendering.pageElements.EmbedBlockElement\" class=\"dcr-173mewl\"><\/figure>\n<\/div>\n<\/div>\n<div data-print-layout=\"hide\" class=\"dcr-qxqnsy\"><span class=\"dcr-1rq3vad\">Explore more on these topics<\/span><\/p>\n<div class=\"dcr-1dzx48f\">\n<ul class=\"dcr-1rrvs2w\">\n<li class=\"dcr-hj8byr\"><a href=\"\/us-news\/trump-administration\" class=\"dcr-1gwziyt\">Trump administration<\/a><\/li>\n<li class=\"dcr-hj8byr\"><a href=\"\/us-news\/series\/trump-administration-briefing\" class=\"dcr-1gwziyt\">Trump administration briefing<\/a><\/li>\n<li class=\"dcr-hj8byr\"><a href=\"\/us-news\/donaldtrump\" class=\"dcr-1gwziyt\">Donald Trump<\/a><\/li>\n<li class=\"dcr-hj8byr\"><a href=\"\/us-news\/us-politics\" class=\"dcr-1gwziyt\">US politics<\/a><\/li>\n<li class=\"dcr-hj8byr\"><a href=\"\/tone\/explainers\" class=\"dcr-1gwziyt\">explainers<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"dcr-nu129i\"><a 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data-gu-name=\"right-column\" class=\"dcr-1h2hraq\">\n<div class=\"dcr-tn16h9\">\n<section class=\"dcr-1hko8ef\"><\/section>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US president, Donald Trump, wants to launch a $1.7bln fund to compensate his allies. Photograph: Eric Lee\/EPA<\/p>\n","protected":false},"author":0,"featured_media":1205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news"],"_links":{"self":[{"href":"https:\/\/usglobalnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usglobalnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usglobalnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/usglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1204"}],"version-history":[{"count":1,"href":"https:\/\/usglobalnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1204\/revisions"}],"predecessor-version":[{"id":1206,"href":"https:\/\/usglobalnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1204\/revisions\/1206"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usglobalnews.com\/index.php?rest_route=\/wp\/v2\/media\/1205"}],"wp:attachment":[{"href":"https:\/\/usglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}