FOX News

Todd Blanche moves closer to confirmation after rescinding $1.8B fund

Acting Attorney General Todd Blanche moved closer to Senate confirmation Sunday after formally rescinding a controversial $1.8 billion « anti-weaponization fund » and narrowing tax protections included in President Donald Trump’s IRS settlement.

A spokeswoman for Sen. John Cornyn, R-Texas, confirmed an agreement had been reached after Cornyn and Sen. Thom Tillis, R-N.C., held up Blanche’s nomination. The Senate Judiciary Committee is scheduled to vote on the nomination Tuesday.

« My team and I have met with committee members and Senators over the past several weeks and addressed any concerns or outstanding questions, » Blanche said in a statement on Sunday.

« We have enjoyed good faith discussions, and as a result issue the following order and update with regard to the May IRS settlement. The Department always welcomes and appreciates productive engagement with all members of Congress, » he added.

Blanche’s order formally rescinded the May 18 directive establishing the fund and clarified that tax-related protections in the settlement apply only retroactively, not to future filings.

This is a developing story. Check back for updates. 



Source link : https://www.foxnews.com/politics/todd-blanche-anti-weaponization-fund

Author :

Publish date : 2026-08-03 04:06:00

Copyright for syndicated content belongs to the linked Source.

Tags : FOX News
Quitter la version mobile