U.S. Senate Committee on Finance

05/15/2026 | Press release | Archived content

Wyden Statement on Corrupt Potential Settlement in Trump IRS Lawsuit

May 15,2026

Wyden Statement on Corrupt Potential Settlement in Trump IRS Lawsuit

Washington, D.C. - Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement on reports that Donald Trump may soon settle his lawsuit against the IRS and Treasury Department to steal $1.7 billion for a political slush fund he will control:

"This administration is dripping with corruption from top to bottom, but rushing a settlement to steal $1.7 billion taxpayer dollars for a slush fund before a judge can toss your junk lawsuit would be among the most corrupt acts in American political history. This lawsuit has never been anything more than a shakedown of the American people by a crook president and his crook lawyers. It's no more valid than if he had sued the White House kitchen for serving him an undercooked steak. Between this and the ballroom and a thousand other acts of corruption, Trump is a parasite on the American republic."

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