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April 17, 2026

Trump and IRS negotiate over $10 billion lawsuit

  • President Donald Trump is in talks with the IRS to settle a $10 billion lawsuit regarding leaked tax records.
  • The lawsuit alleges that the IRS failed to protect Trump's tax documents from unauthorized release, causing reputational damage.
  • Trump's lawsuit includes his sons and the Trump Organization as plaintiffs, citing public embarrassment from the leaks.
  • Democratic lawmakers are proposing a bill to prevent future presidents from collecting government lawsuit settlements, aiming to address potential corruption.