The Damage Report
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Trump's Financial Scheme COLLAPSES After Republican Backlash Erupts
Posted
June 2, 2026
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8:43Now PlayingDonald Trump's insane $1.8 billion slush fund scheme to pay off rioters finally collapses after backlash erupts from Republicans. John Iadarola breaks it down on The Damage Report. Leave a comment with your thoughts below!
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Read more here:
ScoopTrump admin plans to drop "weaponization" fund
"The Trump administration plans to drop its controversial $1.8 billion "weaponization" fund the president sought to compensate alleged victims of prosecutorial misconduct under the Biden administration, two senior administration officials told Axios.
"It's dead for now," one of the sources said.
Why it matters: Bashed as a political slush fund that could be tapped by those convicted in the Jan. 6 Capitol riot, Trump's proposal has drawn bipartisan pushback in the GOP-led House and Senate.
Zoom in: The plan for the fund came about as part of a settlement between Trump and the Internal Revenue Service."
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