The Department of Justice has decided not to proceed with the $1.8 billion 'Anti-Weaponization Fund,' a financial mechanism initially designed to settle a lawsuit brought by former President Donald Trump against the Internal Revenue Service.
Acting Attorney General Todd Blanche confirmed the move, citing ongoing legal and political opposition to the fund's implementation.
This development follows a federal judge's temporary block on the fund's rollout, which had already cast uncertainty over its future.
The initiative, which aimed to compensate individuals affected by what Trump's administration described as IRS overreach, has faced sustained legal scrutiny and public debate.
The decision marks a significant shift in the administration's approach to the legal dispute.
Previous reports indicated that the fund had become a focal point of broader tensions between the executive branch and regulatory agencies.