Archives for category: Trump

The U.S. Supreme Court was designed to be a separate branch of government, the one that monitored the adherence to the Constitution by the other two branches. The Court disappoints sometimes, but it has never been as nakedly partisan as it is under Chief Justice John Roberts. The far-right wing of the Republican Party has a reliable friend at the Court.

It’s hard to say which of their decisions is the worst.

Some might say it was their recent decision to overturn the Voting Rights Act, which will sharply reduce the number of Black members of Congress.

Some might say it was their decision to overturn Roe v. Wade, despite promises by most of them not to do so.

Some would say it is their decisions that tear down the wall of separation between church and state.

I say it was their decision in Trump v. United States, in which the majority decided that the president was above the law and could not be charged for anything he did while in office as part of his official duties. We can be certain that the same court would claim that whatever he did was part of his official duties, including tearing down the East Wing of the White House without seeking anyone’s approval.

Representative Steve Cohen of Tennessee has had enough. He introduced six articles of impeachment of Chief Justice John Roberts. Good for him!

Scott Dworkin reported on his blog:

Rep. Steve Cohen

Rep. Steve Cohen has represented Memphis, Tennessee, for 19 years. Republicans cut his district into pieces, and he decided to retire—but not without a fight.

Cohen told The Dworkin Report in 2019: “[Trump’s] life has been one crime after another. One misdeed after another. One lie after another.” Now he’s applied that same standard to the man who put Trump above the law.

On May 21, Cohen introduced six articles of impeachment against Chief Justice John Roberts. Charges include allowing the Court to become a partisan weapon, placing the president above the law, endorsing a corrupt campaign finance system, and failing to recuse himself while his wife collected millions recruiting attorneys for law firms with cases before the Court.

Cohen was direct: “Under Chief Justice Roberts’ stewardship, [The Supreme Court] is now understood as biased: with decisions designed to benefit Republicans at the expense of representative government.”

They gerrymandered Cohen’s district to silence him. John Roberts now has six articles of impeachment to his name—an award no other Chief Justice has ever received in US history.

South Carolina has 7 Congressional seats. one is held by a person who is Black, Rep. Jim Clyburn. Trump urged the South Carolina legislature to redistrict and turn every seat into a Republican district.

The SC House passed a bill to redistrict. The SC Senate rejected the bill. Twelve Republicans joined 12 Democrats to say no.

Some said they wouldn’t pass the bill because early voting had started and the election was underway. Some must have felt that it was wrong to eliminate the only district with a Black Congressman.

Whenever any Republican has the spine to say NO to the Grifter-in-Chief, it’s a good day for democracy.

Republicans Against Trump posted this video on Twitter.

It was released by the White House yesterday.

It opens with a picture of a smiling Stephen Colbert.

Trump comes up to him, grabs him by his jacket, and throws him into an empty dumpster.

Trump closes the dumpster.

Then Trump starts doing that odd dance he does with both arms waving in the air.

Trump is a vicious, vengeful man. He operates like a Mafia Don. He has no dignity, no class, no decency. He is a bully, a low-life, a man who is so insecure that he can’t take a joke. Beneath all that bluster is a deeply insecure man who requires total loyalty from his sycophants.

He’s like Dr. Seuss’s “Yertle the Turtle.” Vain, arrogant, insatiable.

How much corruption will Republicans in Congress tolerate? All of them were hiding under their desks or running for their lives on January 6, 2021. How do they feel about the rioters of that infamous day getting a reward for their efforts to overturn the Constitution? How do they feel about handing out money to the people chanting “Hang Mike Pence!” And rewards for those who beat the Capitol Police officers? I watched the events from start to finish. It was a shameful day in our history.

The New York Times editorial board published the following editorial yesterday. The headline: “There Has Never Been an Example of Presidential Corruption Like This.

Has there ever been an episode of presidential corruption so blatant and threatening to constitutional order? Certainly not in modern times. President Trump’s Justice Department is using taxpayer money to create a $1.8 billion political slush fund. Ostensibly set up to compensate those who the department claims have “suffered weaponization and lawfare,” it will in fact reward loyalists willing to defy the law and commit violence on behalf of the president.

The fund manages to combine three of Mr. Trump’s most alarming behaviors. One, it is an obvious form of corruption, coming from a president who has used his office to enrich himself, his family and his allies. Two, the fund continues his pattern of using the Justice Department as an enforcer to punish his perceived opponents and protect his friends and allies. Three, the fund is his latest attempt to rewrite history about the 2020 election and the Jan. 6, 2021, attack on Congress.

It is worth pausing to put the fund into the larger context of Mr. Trump’s political project: He is destroying pillars of American democracy to empower himself. He claims elections are legitimate only if he wins. He uses federal law enforcement to investigate and prosecute his perceived enemies. He purges his party of officials who defy him. He describes members of the other party and civil society as traitors and enemies. He incentivizes his supporters to break the law on his behalf and rewards them when they do. He directs his allies to change election rules to keep his party in power.

Mr. Trump’s project has not yet succeeded, at least not fully. Many Americans — in the judicial system, in Congress, in state governments and elsewhere — continue to stand up for democracy and oppose his autocratic ambitions. By now, though, nobody should have illusions about what he is attempting to do.

The fund’s existence is a story of political self-dealing. It is nominally the product of a flimsy personal lawsuit that Mr. Trump filed this year against the Internal Revenue Service, which he oversees, over the leaking of his tax returns during his first term. That lawsuit led to an absurd negotiation, in which the lawyers on one side worked for Mr. Trump the citizen and those on the other side worked for Mr. Trump the president.

Adding to absurdity, the government lawyers reported to Todd Blanche, the acting attorney general, who previously worked as Mr. Trump’s personal lawyer. A federal judge in Miami helping to oversee the case, Kathleen Williams, pointed out that the two sides were not adversaries, which called into question the process. Even Mr. Trump acknowledged the situation shortly after filing the suit by saying, “I am supposed to work out a settlement with myself.”

Yet the talks proceeded because Mr. Trump’s Justice Department was in charge. Unsurprisingly, they led to a deal that was extremely favorable to him.

In exchange for the president’s dropping the suit against the I.R.S., both he and his supporters will receive government handouts. For Mr. Trump, the handout comes in the form of permission to have cheated on his taxes. The government has granted himand his family immunity from ongoing audits of his tax payments. He has a long history of using questionable accounting maneuvers, and the audits could have cost him more than $100 million, experts have said. Now they will cost him nothing.

For his supporters, the handouts will come from the slush fund. The Justice Department will tap a permanent stream of revenue that Congress created in 1956, known as the Judgment Fund, to settle lawsuits against the federal government. As Paul Figley, a former Justice Department official, noted, the new fund appears to be both legal and at odds with Congress’s intent. “It’s horrible policy,” Mr. Figley told The Times.

The department has allocated $1.8 billion for what it calls, in an Orwellian flourish, an Anti-Weaponization Fund and invited applications from people who have been targeted for “political, personal or ideological reasons.” Mr. Blanche — who holds his position as acting attorney general largely because of his willingness to use federal power in service of Mr. Trump’s personal whims — will appoint a five-member board, with congressional leaders given input on one of the five. Mr. Trump can fire any of the members at any time.

To understand who is likely to receive payments, look at who has previously received settlements from the Justice Department. Michael Flynn, who was briefly Mr. Trump’s national security adviser in 2017, received $1.25 million, even though he pleaded guilty to lying to F.B.I. agents. The family of Ashli Babbitt, who participated in the Jan. 6 riot, and whom federal agents shot as she and others approached the House floor, received nearly $5 million, even though investigators cleared the shooters of wrongdoing. The Trump administration is paying off people who committed violence and crimes, as long as they are Trump allies.

The fund’s timeline is the giveaway of how Mr. Trump plans to use it. The Justice Department said the fund would stop processing claims on Dec. 15, 2028, weeks before the president is to leave office, ensuring the money is distributed while he still holds the power to fire anyone who objects. The window is precisely the window of Mr. Trump’s authority.

Even some of Mr. Trump’s usual defenders are unhappy. Senator John Thune, Republican of South Dakota and the majority leader, meekly said that he was “not a big fan” of the fund. Brian Morrissey, the Treasury Department’s general counsel, resigned within hours of the announcement, seven months after the Senate had confirmed him.

Providing payoffs is only part of the point. Another, according to Mr. Blanche, is “ensuring this never happens again.” What, exactly, is “this”? The evenhanded enforcement of the law.

The Trump administration has already fired federal agents who did their duties by investigating the president’s attempts to overturn the 2020 election. Mr. Trump has issued blanket clemency to more than 1,500 Jan. 6 rioters, some of whom may soon receive payments. His Justice Department secured an indictment of James Comey, the former F.B.I. director, on dubious charges as retribution for his role in the investigation of the 2016 Trump campaign’s Russia ties. The fund continues the effort to turn law enforcement into a tool of raw political power.

The fund also encourages future lawlessness on Mr. Trump’s behalf. It sends the message that he will use his power not only to shield people who break the law from accountability but also to shower benefits on them. Just as punishment is a deterrent, rewards are an incentive.

After President Richard Nixon’s abuses in the Watergate scandal, Congress and the executive branch built rules and traditions to ensure that federal agencies, especially the Justice Department, operated in the public interest, rather than that of the president. Mr. Trump has tried to break this system. Once he is gone, it will need to be rebuilt, and better than before. He has exposed and exploited its flaws and gaps. Unless they are filled, Mr. Trump’s corruption and perversion of justice risk becoming the norm.

In the meantime, Americans should be cleareyed about what the president is doing. He is taking their money and showering it on criminals.

In Trump’s ongoing effort to stamp his atrocious taste on the nation’s Capitol, he is pushing full-steam-ahead to gain required approvals for his disgustingly gaudy Triumphal Arch. To make sure that he would gain the support of two review panels, he fired all their members and replaced them with Trump flunkies. Hundreds of letters poured in, overwhelmingly opposing the Arch. No matter. The “Commission on the Arts,” wholly owned by Trump gave their approval without dissent to what will be the largest such arch in the world and the gaudiest.

Luke Broadwater of The Washington Post wrote:

The Commission of Fine Arts on Thursday approved President Trump’s plan to build a 250-foot triumphal arch in Washington, even after the president rejected the panel’s suggestion to remove the large statues of golden eagles and a winged angel atop the structure.

“Washington is not a static city,” the panel’s chairman, Rodney Mims Cook Jr., said before making a motion to fast-track approval of the project. “It must grow to allow the next 250 years of Americans to celebrate their accomplishments.”

He added that the arch was “beautiful.”

Mr. Trump did agree to accommodate some of the panel’s suggested changes, including removing the statues of gold lions that were positioned lower on the arch.

The arts panel, which is filled with Mr. Trump’s appointees, has an advisory role on the design of the project, but no enforcement power. The same panel also fast-tracked approval of Mr. Trump’s $400 million ballroom, bypassing the normal review process on a project that would transform the profile of the White House.

The president has sought to overhaul any entities that might normally stand in the way of his plans to remake Washington, including firing the entire Commission of Fine Arts board and replacing its members with his appointees.

Thomas Luebke, the panel’s secretary, said to the board members before the motion that a project such as the arch would normally undergo an additional review.

“There is a final design that would normally come after this with more documentation of the issues of details, structure, everything else about it,” Mr. Luebke said. But, he added, the panel could also “choose, just like you did with the ballroom, to say ‘We’re done.’”

The future of the arch is still uncertain, however. The plans are scheduled to go next month before the National Capital Planning Commission, which is also controlled by allies of Mr. Trump. The project also faces a legal challenge.

A group of Vietnam War veterans has sued to stop construction of the arch, citing a lack of congressional authority and arguing that the arch would obstruct the view between the Lincoln Memorial and Arlington National Cemetery. Many critics of the plan have contended that the grandeur of the arch detracts from the solemnity that should be observed at the cemetery nearby.

The architect designing the monument, Nicolas Leo Charbonneau, said Mr. Trump had rejected the suggestion to remove the large statues atop the structure because the arch is a monument for the living, not the dead.

“The intent of the arch is a celebration in America of 250 years of greatness, freedom, and posterity, for which we can only thank the wisdom of our founders and God’s providence,” he said. “While it may celebrate the victories of America in various theories of war and the sacrifice of our fallen heroes, it is not primarily monument dedicated to the dead, but to the living.”

The structure will allow 80 visitors per hour to go inside the arch, Mr. Charbonneau said.

Before the vote, Mr. Luebke informed members that they had received about 600 new messages about the project. Only one letter writer was in favor of the project without major changes, he said.

Mr. Luebke said about half of those writing letters raised concerns about the arch’s closeness to Arlington Cemetery, “that this in fact disrespects the cemetery and military sacrifice,” he said. “The other ones have to do with misuse of public funds, that it’s a gaudy or synthetically incompatible design, that is authoritarian,” among other concerns.

Elizabeth Merritt, deputy general counsel for the National Trust for Historic Preservation, testified that her organization “remains extremely concerned about the location, the height, the scale, and the design of the proposed arch.”

“Arlington National Cemetery is a living memorial that hosts hundreds of funeral services every month,” she said. “The arch, as proposed, would dominate the national cemetery.”

In the lawsuit seeking to block construction of the arch, Vietnam War veterans maintain that Mr. Trump cannot build it without the authorization of Congress. They cite the Commemorative Works Act of 1986, which details a multistep process for authorizing and designing commemorative works in the District of Columbia and says any such work must be “specifically authorized” by Congress.

But in legal documents, the Trump administration has argued that congressional actions in the 1920s connected to the design of the Arlington Memorial Bridge already give it the legal right to build the arch.

Congress at the time authorized “construction of two tall columns surmounted by statues on Columbia Island,” the administration wrote. “Although those columns have not yet been built, the statutory authority to build them remains.”

The Federal Aviation Administration is also reviewing whether the arch could pose an aerial hazard, an evaluation that it requires for all structures more than 200 feet tall. The arch would sit about a mile from a Pentagon heliport and about two miles from Reagan National Airport, one of the country’s busiest flight hubs.

Rick Wilson is a never-Trumper, a former Republican operative who was a founder of The Lincoln Project. He write a popular blog, “Against All Enemies,” where he follows the actions of Trump 47.

He wrote:

Let’s start with a number, because the number is the whole story and the rest is just decoration.

3,700

Between January and March of this year, three months, ninety-odd days, one fiscal quarter of a man who is supposed to be running the country, Donald Trump’s required ethics filings disclosed 3,700 stock trades worth somewhere between $220 million and three-quarters of a billiondollars.

Microsoft. Meta. Oracle. Broadcom. Bank of America. Goldman Sachs. Nvidia. Apple. An S&P 500 index fund, because even a degenerate gambler likes a hedge. Municipal bonds, for flavor.

That’s not a portfolio. That’s a casino floor. And the President of the United States is standing in the middle of it, counting cards at the table while the pit boss looks the other way, and the cameras, conveniently, are off.

You are supposed to find this normal now. You are supposed to scroll past it. That’s the entire design. 

So let’s not.

.

Here is the part where I am legally and intellectually obligated to be precise, so pay attention. Precision is the enemy of this whole operation, and they are counting on you being too tired for it.

Insider trading is not “rich guy buys stock.”

Insider trading, as a federal crime, has elements: actual, legally defined moving parts a prosecutor has to bolt together. You need material, non-public information. You need a trade made on the basis of it. You need a breach of a duty of trust. And you need the thing lawyers call scienter, which is a fancy Latin way of saying the person knew exactly what they were doing. (Insider trading rabbit holes are shockingly amusing. I’ve been in one for two days.)

The rabbit hole led me to the Supreme Court last night, because of course it did. SCOTUS, over time, blessed two flavors of this in United States v. O’Hagan, the “classical” theory and the “misappropriation” theory, and federal prosecutors get to reach for the Securities Exchange Act of 1934, Rule 10b-5, and the heavy artillery of 18 U.S.C. § 1348, the criminal securities-fraud statute that carries up to twenty-five years in a federal prison. I don’t understand it all, either, but it strikes me that Trump’s legal team will need to be up on these, quite soon.

Now hold that definition in your hand like a ruler, and lay it next to the reporting.

According to the Washington Post‘s reading of these filings, Trump bought Nvidia on February 10. Days later, Nvidia announced a major deal with Meta, and the stock jumped roughly 2.5 percent. He sold Microsoft and Amazon in February, then bought millions more in March, shortly before the Pentagon announced it would put its technology into classified computer networks.

Let me say the quiet part at conversational volume: I am not telling you that is a proven crime. I am telling you that if you fed those two paragraphs to a hundred securities lawyers with no name attached, every one of them would say the same two words before their coffee got cold: “Lawyer up.”

The President of the United States sits atop the single largest pile of non-public material intelligence and information on planet Earth. He knows what the Pentagon is buying before the Pentagon’s vendors do. He knows the tariff rate before the market does, because he is the source of the tariff. Markets are always defined by information asymmetry. For him, the asymmetry isn’t a loophole. It’s the strategy. It’s the job.

A normal person who traded a defense contractor’s stock the week before a classified Pentagon contract would be explaining himself to men in windbreakers with “FBI” on the back. Trump gets a $200 fine. Twice. We’ll come back to the two hundred dollars, because the two hundred dollars is the funniest and darkest detail in the entire file.

Here is the thing that turns this from a scandal into a regime: there is functionally no one on the beat.

The Securities and Exchange Commission, the agency whose entire reason to exist is to walk this exact crime scene, has been hollowed out with the precision of me working a Thanksgiving turkey. Since the administration took over, the SEC has shed the order of 18% of its workforce, dropping from roughly 5,000 employees to around 4,200, the bulk of them walking out the door clutching $50,000 buyout checks dangled by the same government they were supposed to police.

The Enforcement Division and the Office of the General Counsel, the cops and the lawyers, in other words, took the deepest cuts. DOGE set up shop inside the SEC headquarters, occupying actual rooms; nothing good was ever going to come of that. The Philadelphia and Los Angeles field offices were slated to go dark. Enforcement actions against public companies are down roughly thirty percent. The new chairman publicly mused that it’s “good every once in a while to have a house cleaning.” Uh huh.

You do not need a decoder ring. When the man at the top is running a quarter-billion-dollar trading book off privileged information, and the watchdog has been defunded, depopulated, and told to think of mass attrition as spring cleaning, that is not two unrelated news stories. That is one strategy with two press releases.

This is the part that should raise the hair on your neck, regardless of your party. The genius of the grift is not that it’s hidden. It’s that it’s legal-adjacent by demolition. You don’t have to break the law if you can fire the people who enforce it and starve out the ones who remain. The cop didn’t miss the robbery. The cop took the buyout, and the robber signed the check.

Fine. You want to know how this plays as an actual case. Put on the prosecutor’s jacket for a second, because the honest answer is more damning than the cartoon.

It would be hard.

Not because the conduct smells clean. It reeks. 

The Wall Street Journal reported that Trump made thousands of stock transactions in the first quarter of 2026. In many instances, actions he took as president directly affected the price of the shares he bought or sold.

Previous Presidents put their assets into a blind trust or invested only in bonds.

Before he entered the White House, President Trump was a real-estate developer and speculator. Lately, his fortune has been wagered on some Big Tech stocks.

Money managers for the president made more than 3,700 trades in the first quarter, including million-dollar purchases of Nvidia, Dell and other Big Tech stocks. Trump’s managers pared his holdings in Microsoft and Amazon with sizable sales in the quarter. 

Canny investors should read Trump’s account on his social media site “Truth Social.” If he praises a company, it’s likely that he just bought the stock and is encouraging others to join him.

Bloomberg reported that experienced traders were stunned by the sheer number of trades on behalf of Trump.

President Donald Trump’s latest financial disclosures show that he or his investment advisers made more than 3,700 trades in the first quarter, a flurry totaling tens of millions of dollars and involving major companies that have dealings with his administration.

The transactions, spelled out in more than 100 pages of documents filed Thursday with the US Office of Government Ethics, list purchases and sales in broad ranges, making it hard to calculate an exact value. But the volume of trading — more than 40 per day over a three-month period — stands out as much as the potential dollar value.

“This is an insane amount of trades,” said Matthew Tuttle, chief executive officer of Tuttle Capital Management, in an interview, adding that it looks more like something done by “a hedge fund with massive algo trades” that buys and shorts securities than a personal account…

The disclosure reignites conflict-of-interest concerns that have shadowed Trump’s terms in the White House. Critics have regularly accused him of mixing his official duties with his business interests. Unlike his predecessors, Trump didn’t divest or move his assets into a blind trust with an independent overseer. His sprawling business empire is managed by two of his sons and operates in several areas that intersect with presidential policy.

At the same time, Trump’s son-in-law Jared Kushner helps manage billions in investments for Qatar, Saudi Arabia and the United Arab Emirates while simultaneously serving as a “volunteer” envoy for the president on issues affecting the war in Iran and the Middle East in general…

The president’s disclosures spurred questions from some on Wall Street who expressed surprise at the trading volume.

“I’m baffled,” said Eric Diton, president and managing director at The Wealth Alliance. “In the 40-plus years of my time on Wall Street, this is an unusual amount of trading by any standards.”

The billionaire president’s stock trades were no doubt made to protect the best interests of the American people.

The New York Times explained why Trump wanted immunity from audits by the IRS. Before his first presidency, Trump appears to have had a tax liability of nearly $80 million. The IRS claimed that he used the same business failure twice to decrease his tax debt.

The new exemption from audits that he gave himself saves him what he owed, which would now be nearly $100 million. It’s not clear whether he will ever again be audited by the IRS.

The Times reported:

A tax audit that President Trump has been fighting since his peak earning days as a television celebrity was most likely wiped away in this week’s settlement with the Justice and Treasury Departments.

The agreement, part of a resolution to an unusual lawsuit that Mr. Trump and his sons filed against the Internal Revenue Service, frees the president from a potential adverse ruling that could have cost him more than $100 million, according to an analysis of his tax returns in 2020 by The New York Times.

Two years ago, Mr. Trump’s middle son, Eric Trump, acknowledged to The Times that the audit remained active. During his father’s first term in office, the matter was put on hold, records obtained by The Times showed.

It is unclear whether the matter was placed on hold again during the president’s current term or was resolved. If it was still pending until this week, the increased interest and penalties would have grown significantly.

Mr. Trump has always argued that he did nothing wrong in the way he filed his tax returns.

The audit dated back to a $72.9 million tax refund that Mr. Trump claimed, and received, starting in about 2010. The total reflected all the federal income tax he had paid, plus interest, for 2005 through 2008, his greatest earning years as the star of his reality show, “The Apprentice.”

Mr. Trump justified the refund claim by declaring huge business losses — a total of $1.4 billion from his core businesses for 2008 and 2009 — that tax laws had prevented him from using in prior years, The Times previously reported.

Records obtained by The Times did not itemize the business losses. But two of the largest-scale projects of Mr. Trump’s career — his long-failing casinos and his money-losing tower in Chicago — appeared to be behind the biggest numbers. In both cases, Mr. Trump made the argument that his interest in those projects met the tax code definition of worthlessness.

In 2008, with sales on his new Chicago condo-hotel tower lagging far behind projections, Mr. Trump claimed that he had so much debt on the project that he would never see a profit. That move resulted in Mr. Trump reporting losses as high as $651 million for the year, The Times and ProPublica found.

The I.R.S. has argued that he, in effect, tried to write off the same losses on the Chicago tower twice.

During his first campaign, Trump contended that it was “smart” to avoid taxes. He may be the first billionaire to skip them altogether.

Ann Telnaes is a Pulitzer-Prize winning editorial cartoonist. She worked for The Washington Post for years but left when one of her cartoons was spiked (censored). The cartoon showed several billionaires bowing down to Trump; one of them was Jeff Bezos, owner of The Post. That cartoon won the Pulitzer Prize for 2026.

This one appears on her blog “Open Windows”:

Trump made a real sweetheart deal with the Department of Justice and the Treasury Department. In return for him dropping his lawsuit demanding $10 billion, which may well have been dismissed by the federal judge hearing it, Trump won an incredible exemption for himself and his family.

Remember, when he first ran for president in 2015, he promised to release his tax returns after the IRS finished auditing them. Apparently, eleven years later, the Trump returns are still under audit. When his returns were leaked by an independent contractor who got a 5-year jail sentence, we learned that Trump didn’t pay any taxes some years, and in one year, paid only $750.

But part of the $1.776 billion deal relieves him of all worries about his tax returns.

Politico reported:

The Justice Department on Tuesday expanded the just-announced settlement of President Donald Trump’s lawsuit over the leaking of his tax returns to include a pledge that the IRS will no longer pursue any claims it may have against Trump, his family members and his companies over unpaid taxes.

The nine-page settlement agreement DOJ released Monday, setting up a nearly $1.8 billion fund to compensate victims of alleged weaponization of law enforcement, did not mention any resolution of disputes over Trump’s tax returns, which he has repeatedly claimed were under protracted audits by the IRS.

However, a one-page document posted on the DOJ website early Tuesday includes a sweeping release under which the IRS is “forever barred and precluded” from pursuing “examinations” of Trump, “related or affiliated individuals,” and related trusts and businesses.

The waiver specifically encompasses “tax returns filed before the effective date” of the settlement, which was Monday.

Acting Attorney General Todd Blanche signed the addendum, dated Tuesday. It does not bear the signature of any representative of the IRS or any current Trump lawyers. Metadata attached to the document indicates it was prepared or scanned at 7:50 a.m. Tuesday.

Blanche did not sign the original settlement agreement, which was signed by Associate Attorney General Stanley Woodward, IRS CEO Frank Bisignano and Trump attorney Daniel Epstein.

The Justice Department did not immediately respond to requests for comment on why the waiver wasn’t included in the agreement released Monday and why it isn’t signed by the same people.

John Koskinen, the former IRS commissioner from 2013 to 2017, said the expanded settlement set a “terrible precedent” that could effectively generate a windfall for Trump.“It makes you wonder what the President has to hide in those tax returns. He’s apparently been actively trading in the stock market and, since he knows a lot more about situations than the average investor, he’s probably generated significant taxable earnings,” he said in an emailed statement. “Not auditing his returns is the same as giving him an easy way to, in effect, receive money from the government.”

Danny Werfel, the former IRS commissioner from 2023 to 2025, said he was “unaware of a single precedent where the IRS has agreed in advance to permanently forgo examination of previously filed tax returns for a specific person or business.”

Press reports in advance of the settlement indicated that a potential deal might include an agreement by the government to drop all audits of Trump-related returns and perhaps even to refrain from future audits.

What a deal! No more audits!