Acting Attorney General Todd Blanche issues order rescinding "anti-weaponization" fund
Updated on: August 3, 2026 / 8:18 PM EDT / CBS/AP
TL;DR
- Acting Attorney General Todd Blanche issued an order rescinding the establishment of a $1.8 billion "anti-weaponization" fund.
- The order came after negotiations with Sens. Thom Tillis and John Cornyn, who conditioned their support for Blanche's confirmation on the fund's cancellation.
- The fund was part of a settlement related to a lawsuit brought by President Trump against the IRS and Treasury Department.
- The order also clarifies that tax audit immunity for President Trump and his family applies only retroactively.
- Some former Justice Department lawyers argue the rescission may not have lasting legal effect and the fund could potentially be revived.
- President Trump had previously threatened to push for the fund's revival if Blanche's nomination was not approved.