Trump Action Archive

Supporting reports

• Trump pardons Binance founder Changpeng Zhao — Trump granted a pardon to Changpeng Zhao, Binance's ex-CEO and founder, who had pleaded guilty in U.S. federal court to violating the Bank Secrecy Act and failing to maintain an effective anti-money-laundering program. Zhao served a four-month jail term in 2024 before receiving the pardon in 2025. Zhao still owns 90 percent of Binance, which has been plagued by money-laundering violations and internal findings of $1.7 billion in crypto moving to Iranian entities linked to terrorism.
• Trump settles $10 billion IRS lawsuit with immunity provision — Trump used the Department of Justice to forge a settlement of his $10 billion lawsuit against the IRS regarding a leak of his tax returns. The settlement grants Trump and his family immunity from IRS audits of prior tax returns and could save him approximately $100 million. A federal judge later found that because Trump controlled both sides of the case, there was no genuine adversity of parties to provide the court with jurisdiction, characterizing the arrangement as essentially a gift to Trump at taxpayer expense.
• Trump uses presidency to amass $2.2bn in personal revenue through crypto, Truth Social, and foreign deals — Donald Trump has generated approximately $2.2 billion in personal revenue during his second presidency through multiple ventures: $1.4 billion from cryptocurrency holdings (including $799 million from World Liberty Financial and $636 million from his $Trump memecoin), a $100,000-per-month Truth Social scheme offering wealthy buyers early access to presidential posts, a $10 billion IRS settlement providing tax immunity, and a $400 million plane gift from Qatar. Ethics experts and congressional Democrats have raised corruption concerns, noting that Trump has declined to place assets in a blind trust and has dismantled regulatory guardrails that previously constrained presidential conflicts of interest.
• Trump's World Liberty Financial receives $2 billion UAE investment in Binance deal — Trump's World Liberty Financial (WLF), co-founded by Trump and his sons with Steve Witkoff's family in fall 2024, received a central role in a $2 billion investment by Abu Dhabi's MGX fund (backed by the United Arab Emirates) into Binance, the world's largest crypto exchange. The deal involved MGX purchasing $2 billion of WLF's USD1 stablecoin for investment in Binance. This arrangement occurred despite Binance's 2023 guilty plea to money-laundering violations, a $4.3 billion DOJ fine, and internal findings that $1.7 billion in crypto moved through Binance to Iranian entities linked to terrorism.
• Truth Social launches $100,000-per-month early-access scheme for wealthy investors — Trump's Truth Social media business announced a new scheme offering wealthy buyers special early access to Trump's posts for a fee of $100,000 per month, dubbed Truth API. The product would provide institutional investors with high-speed access to non-public presidential communications before public release. Democratic senators Mark Warner, Elizabeth Warren, and Adam Schiff, along with ethics watchdog groups, have raised serious conflict-of-interest and corruption concerns, characterizing the arrangement as insider trading and a step toward normalizing public corruption.
• Trump accepts $400 million plane gift from Qatar — Trump circumvented the Constitution's prohibition on foreign emoluments by accepting a $400 million plane as a gift from Qatar. This arrangement, along with other wealthy foreign backing of Trump family hotel and golf deals abroad, has raised concerns among critics about violations of the Foreign Emoluments Clause.
• Businessman under UK money-laundering investigation invested $100 million in Trump crypto — The New York Times reported that a businessman once under investigation in the UK for money laundering became one of the biggest buyers of tokens from Trump's cryptocurrency company, spending $100 million through a newly formed firm. As much as three-quarters of the money ultimately went to a company controlled by Trump and his sons.

Supporting reports

• US District Judge Kathleen Williams voided DOJ's $1.776 billion settlement with Trump — US District Judge Kathleen Williams voided the Department of Justice's $1.776 billion settlement with Trump, finding the litigation constitutionally defective under Article III because Trump, as head of the Executive Branch, controlled both the plaintiff and defendant agencies (Treasury and IRS), making them never genuinely adverse. The judge found no actual case or controversy occurred, no meaningful litigation preceded the settlement, and government lawyers never filed a response or defended the agencies. Williams imposed Rule 11 sanctions and referred one of Trump's attorneys for possible professional discipline.
• Federal Judge Voids Trump's $1.8 Billion IRS Settlement — A federal judge voided Trump's $1.8 billion settlement with the IRS that included an "anti-weaponization fund" and immunity from tax audits, ruling that the president's $10 billion lawsuit against the IRS was filed "to manipulate the judicial process." The judge sanctioned two of Trump's personal attorneys, banning one from practicing in the Southern District of Florida for at least one year, and suggested that acting Attorney General Todd Blanche and associate Attorney General Stan Woodward could face state bar investigations.
• Federal judge nullifies Trump tax-return settlement and sanctions president's lawyers — US District Judge Kathleen Williams in the Southern District of Florida voided a settlement agreement between the Trump administration and the president over a $10 billion lawsuit regarding leaked tax returns. The judge found the lawsuit was filed in bad faith and the settlement was collusive, designed to confer immunity on Trump and his family and create an $1.8 billion slush fund. Williams sanctioned Trump's lawyers, referred two to bar disciplinary proceedings, and blocked one from practicing in the district for one year.
• Federal judge ruled Trump's IRS lawsuit settlement was improper and manufactured — U.S. District Court Judge Kathleen Williams for the Southern District of Florida ruled that Trump, his lawyers, and Department of Justice lawyers had manufactured a fraudulent settlement of Trump's $10 billion lawsuit against the Internal Revenue Service. Williams found the lawsuit was brought "for an improper purpose—to gain the imprimatur of judicial legitimacy for a 'settlement' that had no viable basis in law or fact." The settlement was designed to establish a $1.776 billion slush fund for Trump loyalists and to grant Trump, his family, businesses, and associates immunity from prosecution for any tax crimes revealed by audits of tax returns filed before May 19, 2026.
• Federal judge rules against Trump's IRS lawsuit — On July 13, 2026, U.S. District Court Judge Kathleen Williams ruled that Trump and his legal team improperly manufactured a settlement in his $10 billion lawsuit against the IRS, which aimed to create a slush fund for Trump loyalists and grant immunity from prosecution for tax crimes. The judge found the lawsuit lacked a legitimate basis and recommended sanctions against some lawyers involved.
• Judge Williams recommended sanctions against lawyers involved in fraudulent settlement — Judge Kathleen Williams recommended legal sanctions against some of the lawyers involved in the fraudulent IRS settlement and expressed that she was "extremely troubled" by the testimony of Acting Attorney General Todd Blanche, which she characterized as "at best, misleading and, at worst, disingenuous."
• E. Jean Carroll Receives Payment from Trump — E. Jean Carroll has received a $5.6 million payment from Donald Trump, confirmed by a court filing. This payment is part of a legal settlement related to a defamation case brought by Carroll against Trump.

Supporting reports

• DOJ Counsel Todd Blanche announced that the Trump administration has granted the president and his family permanent immunity from IRS-related legal claims, shielding Trump from a potentially $100 million tax liability. — Todd Blanche announced a DOJ settlement that permanently bars the government from pursuing IRS-related claims against Trump, his family, or his businesses. The settlement shields the president from a potentially damaging ruling that could have cost him more than $100 million. The underlying dispute centered on a nearly $73 million tax refund Trump claimed around 2010, based on business losses. The IRS had contended that Trump improperly claimed the same losses twice for his Chicago skyscraper, where he reported losses up to $651 million. Eric Trump previously stated the audit remained active in 2024. Blanche characterized the settlement as routine IRS practice, though critics noted the unprecedented nature of granting a sitting president immunity from tax liability.
• Multiple January 6 defendants and Trump associates announced plans to apply for compensation from the $1.8 billion DOJ weaponization fund, with requests ranging from $2 million to $400 million. — Following announcement of the $1.8 billion DOJ fund for individuals deemed victims of political "weaponization," multiple January 6 defendants and Trump associates announced plans to apply for compensation. Proud Boys leader Enrique Tarrio, sentenced to 22 years for seditious conspiracy, stated he planned to apply for $2-5 million. Attorney Peter Ticktin, representing over 400 January 6 defendants, indicated $1.8 billion would be insufficient given defendants' claimed losses. Mike Lindell announced plans to claim $400 million for alleged brand and MyPillow losses. Michael Cohen stated he drafted a letter applying for compensation. Other January 6 participants announced claims ranging from $30 million to unspecified amounts. The applications highlight the fund's unprecedented nature and the scale of claimed damages.
• Todd Blanche held a closed-door meeting with Republican Senate leadership to address concerns about a $1.8 billion DOJ "weaponization fund" designed to compensate Trump allies and January 6 defendants, resulting in significant GOP opposition and procedural delays. — White House Counsel Todd Blanche met with Senate Republicans for nearly two hours to defend a $1.8 billion DOJ fund intended to compensate individuals deemed victims of political "weaponization," including January 6 Capitol riot defendants and Trump associates. The meeting was reportedly hostile, with as many as 25 GOP senators speaking in opposition. Multiple Republican senators publicly criticized the fund as fiscally irresponsible, legally unprecedented, and damaging to party electoral prospects. The controversy delayed completion of the reconciliation bill, with Senate leadership announcing a recess until June. Senators proposed conditions including restrictions on who could receive payouts and oversight of fund administration.
• Speaker Mike Johnson reportedly refused to attend an emergency Oval Office meeting with Trump regarding the weaponization fund controversy, marking a potential first instance of Johnson declining a direct presidential summons. — Trump called Speaker Mike Johnson to an emergency Oval Office meeting to discuss the weaponization fund controversy. According to four aides familiar with the meeting, Johnson refused to attend, potentially marking the first time the Speaker has declined a direct presidential request. A Johnson aide subsequently denied the report. The incident reflects tension between the White House and House leadership over the fund's political viability and fiscal impact.
• Todd Blanche met with Republican senators over $1.8 billion criminal slush fund — Attorney General Todd Blanche met with Republican senators to discuss Trump's $1.8 billion "anti-weaponization" fund. Sen. Ted Cruz described the meeting as having "fireworks at an epic level" and "one of the roughest meetings" he had seen in the Senate, with senators "screaming at the AG." The fund has been the subject of intense criticism from GOP senators over its purpose and implementation.
• Marjorie Taylor Greene predicted Trump will cancel 2028 election — Rep. Marjorie Taylor Greene appeared on Alex Jones's podcast and predicted that Trump will cancel the 2028 election, referencing comments Trump made to Zelensky about suspending elections during wartime. Greene expressed concern that Trump's repeated statements about staying in power after 2028 are designed to normalize the idea and test public reaction. She stated that canceling elections during wartime would be unconstitutional and unacceptable.
• Trump announced $1.8 billion anti-weaponization fund — Trump posted that he established a $1.8 billion "anti-weaponization" fund to help those "badly abused" by the Biden administration. Trump claimed he gave up significant money by allowing the fund to go forward, stating he could have settled his own cases for "an absolute fortune" but chose instead to help others receive "justice."