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Trump in office

Started by Brent, January 22, 2025, 01:41:42 PM

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Herman

Donald Trump has dropped his lawsuit against the Internal Revenue Service on Monday after agreeing to a settlement that requires the Department of Justice to create a fund for government lawfare victims.

Trump, his two eldest sons, and the Trump Organization sued the IRS in January for $10 billion after a former IRS contractor admitted to leaking Trump's tax documents to left-leaning media outlets.

"They have agreed, in exchange for the creation of this fund, to drop their pending lawsuit with prejudice, and also withdraw two administrative claims including for damages resulting from the unlawful raid of Mar-a-Lago and the Russia-collusion hoax," the DOJ announced.

Herman

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DKG

President Donald Trump signed an executive order on May 19 directing the Federal Reserve to review policies governing fintech companies' access to payment accounts and services.

In his order, Trump said the government must remove burdensome regulatory barriers to enable integration of digital assets and financial technology into "traditional financial services and payment systems."

"This order will help cement the United States as the world leader in financial technology innovation, which will help drive down costs and create greater economic opportunities for hardworking Americans," the White House said in a fact sheet.