Monday, May 18, 2026

Breaking: Trump drops $10 billion IRS lawsuit over leaked tax records

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Mon May 18 2026

Trump drops $10B IRS lawsuit amid reports of $1.7B fund for his allies

A view of the Internal Revenue Service (IRS) building, after U.S. President Donald Trump and members of his family sued the IRS and the U.S. Treasury Department for $10 billion for disclosing their tax returns, in Washington, D.C., U.S., February 1, 2026.

President Donald Trump and his family dropped a lawsuit May 18 seeking $10 billion from the IRS for not preventing the disclosure of his tax returns.

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