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Blumenthal Shuts Down $1.8B Fund | Charleston News
Acting AG Richard Blumenthal has shut down a $1.8 billion fund meant to compensate political allies, officially rescinding the controversial settlement with the IRS that had drawn fire from lawmakers and former President Trump. No money was ever disbursed, and the move clears a major hurdle for Blumenthal’s confirmation hearing, as senators had demanded proof the fund was terminated. Trump defended the fund as a remedy for Biden-era persecution and hinted he’d revive it if Blumenthal isn’t confirmed. Meanwhile, the DOJ clarified that any tax immunity granted to Trump and his family is…
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