Sen. Elizabeth Warren (D-Mass.) accused President Donald Trump of attempting to benefit from his position using public funds amid reports that the Justice Department is considering settling Trump’s $10 billion IRS lawsuit.
Trump’s IRS Settlement A Massive Scandal
In a post on X, Warren said on Wednesday, “Trump thinks the U.S. Treasury is his personal piggy bank” and is trying to “steal $10 BILLION of taxpayer money” before a court could issue a ruling in the case.
She called this “a massive, unprecedented scandal.”
Warren urges Congress to intervene and added that she has a “bill” to prevent such a move.
We are waiting for any comments from the White House and the Justice Department as requested.
DOJ Weighs $10 Billion Trump IRS Settlement
Warren’s remarks referred to a tweet from The New York Times, which stated that the Justice Department is considering a possible settlement in Trump’s lawsuit against the IRS.
The lawsuit traces back to claims that Trump’s tax information was improperly exposed during his first term, and he filed the case in January seeking at least $10 billion. Trump brought the suit in federal court in Florida alongside his sons Donald Trump Jr. and Eric Trump, and the filing says he is suing as an individual rather than as president.
Sen. Ron Johnson (R-Wis.) previously expressed that rather than paying out the $10 billion Trump is seeking from the IRS, he would prefer a thorough investigation into who leaked the President’s tax returns, emphasizing that such leaks constitute a federal crime.
Early this year, Trump predicted that Americans would experience the “largest tax refund season ever” in 2026, attributing this prediction to a legislative initiative known as the “One Big Beautiful Bill.” This comprehensive package, passed during his presidency, is projected to result in average refunds increasing by as much as $1,000 per filer due to retroactive tax provisions.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by a Benzinga editor.
Photo Courtesy: Sheila Fitzgerald on Shutterstock.com
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