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President Trump has settled his lawsuit against the IRS, and the deal could benefit some unlikely figures, including Hunter Biden.
The president agreed Monday to drop his $10 billion suit against the Internal Revenue Service in exchange for a formal apology and the creation of a $1.776 billion Anti-Weaponization Fund, administered by the Justice Department, to compensate Americans who believe they were unfairly targeted by their own government.
Trump, along with his sons Don Jr. and Eric and the Trump Organization, all named plaintiffs in the original suit, will not receive any financial payout from the fund. They will, however, receive the formal apology they sought.
"President Trump is entering into this settlement squarely for the benefit of the American people," a spokesman for his legal team said.
The fund is open to anyone who believes any administration weaponized the government against them, including January 6 defendants and, remarkably, Hunter Biden himself. A senior administration official confirmed to The Post that the former first son could file a claim.
"If Hunter Biden believes that the Department of Justice was used as a weapon against him, he's allowed to apply," the official said.
Biden was convicted on federal tax and gun charges before being pardoned by his father. His legal fees ran into the millions and remain partially unpaid.
Acting Attorney General Todd Blanche, who formerly served as Trump's personal defense attorney, will appoint four of the fund's five board members. A fifth will be selected in consultation with congressional leaders. The board has the authority to issue apologies, monetary relief or request additional information from claimants.
Critics wasted no time pushing back. Representative Jamie Raskin of Maryland called the arrangement "a racket designed to take $1.7 billion of taxpayer dollars out of the Treasury and pour it into a huge slush fund."
The original lawsuit stemmed from the 2019 leak of Trump's tax returns to the New York Times by former IRS contractor Charles Littlejohn, who was later convicted and sentenced to five years in prison.
