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Trump administration is scrapping $1. 8B fund meant to compensate president allies, Blanche says

· KRGV (NBC 5)

The Trump administration has decided to abandon plans for a $1.8 billion fund intended to compensate allies of the former president, as announced by Acting U.S. Attorney General Todd Blanche. This decision comes after significant legal challenges and bipartisan criticism regarding the fund's oversight and its potential connection to the January 6 Capitol riot. Blanche confirmed during a House hearing that the fund would not proceed, despite previous assertions that it was a necessary measure against perceived political weaponization by the Biden administration. The fund was originally linked to Trump's lawsuit against the IRS over his tax returns.

AI summary · Source: KRGV (NBC 5)

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