House Democrats at a Ways and Means Committee hearing Thursday, June 4, pressed Treasury Secretary Bessent for details on a legal settlement that could prevent the IRS from auditing past tax returns filed by President Trump, his family or his businesses. The settlement was part of an agreement in which President Trump would drop a $10 billion lawsuit against the IRS over a former contractor's leaking of his tax information. On Tuesday, Acting Attorney General Todd Blanche agreed to drop one part of the proposed settlement – the $1.776 billion “anti-weaponization fund,” which would have provided payments to alleged victims of improper government legal actions. During Thursday's hearing, Democrats expressed outrage at the tax shield…
Sen. Rick Scott (R-Fla.) is suing Booz Allen Hamilton in federal court after his tax returns were leaked along with those of other wealthy Americans, including President Trump and Elon Musk. Why it matters: The tech and management consulting firm is already facing retribution from the Trump administration, which cancelled all of its contracts with the Treasury Department in January. - Charles Littlejohn, who performed IRS contract work through Booz Allen, pleaded guilty to unauthorized disclosure of tax information in 2023 and was sentenced to five years in prison. - His leaks were linked to a bombshell New York Times story in 2020 on Trump's tax payments, as well as a ProPublica report in 2021 about a cache of tax documents from…
President Trump , his two eldest sons and the Trump Organization sued the IRS and Treasury Department for $10 billion on Thursday over allegedly leaking tax returns containing "confidential, personal information." The big picture: The suit claims former IRS employee Charles "Chaz" Littlejohn illegally obtained access to Trump and his sons' tax returns and return information in 2019 and 2020 and both the IRS and Treasury failed to take precautionary measures to prevent the incident. - Attorneys allege the agencies have caused "reputational and financial harm, public embarrassment, unfairly tarnished their business reputations, portrayed them in a false light, and negatively affected President Trump, and the other Plaintiffs' public…
AI:Donald Trump, his sons, and the Trump Organization have filed a $10 billion lawsuit against the IRS and the Treasury Department following the illegal leak of confidential tax information. The litigation alleges that former IRS employee Charles "Chaz" Littlejohn gained unauthorized access to sensitive financial records during 2019 and 2020, highlighting a catastrophic failure by federal agencies to protect private data. This breach caused significant reputational damage and financial harm, serving as another example of the deep-state weaponization and incompetence inherent in these administrative behemoths. While mainstream outlets scramble to frame this as a mere legal dispute, it is clearly a systemic failure designed to target specific…Open
