Amna Nawaz
@PBSNewsHour·5.3M subscribers·62.2K videos
WATCH: Schiff grills Blanche on Trump tax settlement
Posted
July 15, 2026
Views
20,953
Likes
267
Engagement
1.27%
July 15, 2026
20,953
267
1.27%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
8:08Now PlayingSen. Adam Schiff, D-Calif., sparred with Acting Attorney General Todd Blanche on Wednesday over the Justice Department’s settlement to end President Donald Trump's $10 billion lawsuit against the Internal Revenue Service.
The agreement to end the lawsuit over the leaking of the president's tax returns includes a document providing Trump immunity from tax audits.
Schiff asked Blanche whether the settlement would prevent any audit “with respect to the billions in crypto money he made in his first year as president?”
A federal filing from June showed Trump made more than $1 billion from his family's crypto businesses in 2025.
“It's not forward-looking,” Blanche said. “So to the extent there are taxes filed by the president or his sons or the Trump Organization after the date of that agreement, there's no protection.”
Schiff said that in making the decision to settle the case, Blanche “basically decided that you were going to be the lawyer for the president and the lawyer for the IRS and the Justice Department.”
Schiff said that Trump filed the lawsuit after the statute of limitations and that the Justice Department chose to not raise that as a possible defense against Trump.
A federal judge on Monday ruled that the lawsuit was filed for an "improper purpose,” characterized it as self-dealing and recommended disciplinary action against the attorneys.
Newsletters
PBS News podcasts
Stream your PBS favorites with the PBS app
Find more from PBS News at
Subscribe to our YouTube channel
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
