Acting Attorney General Todd Blanche rescinds $1.8 billion 'Anti-Weaponization Fund' to secure Senate confirmation

The cancellation of this $1.8 billion fund removes a potential mechanism for compensating individuals prosecuted by the Justice Department, including those involved in the January 6, 2021, Capitol attack, and limits the scope of tax audit protections for the President.

• •Acting Attorney General Todd Blanche issued an order formally rescinding the $1.8 billion 'Anti-Weaponization Fund'.
• •The fund was originally created as part of a settlement regarding a lawsuit filed by President Trump against the IRS.
• •The Justice Department confirmed that no money was ever transferred, no claims were paid, and no administrative process for the fund was ever created.
• •The Justice Department clarified in writing that tax audit immunity for the President and his family applies only retroactively to claims open at the time of the settlement.
• •Sens. John Cornyn and Thom Tillis agreed to support Blanche's nomination following these concessions.
• •The Senate Judiciary Committee is scheduled to vote on Blanche's nomination on Tuesday.
• •President Trump had previously threatened to push forward with the fund if his nominee was blocked.
• •The fund had faced bipartisan criticism due to concerns it could be used to compensate individuals involved in the Jan. 6, 2021, Capitol attack.