Trump Administration Scraps $1.8 Billion Anti-Weaponization Fund
Acting Attorney General Todd Blanche testified before a House subcommittee that the Trump administration is nixing the proposed $1.8 billion "Anti-Weaponization Fund." The initiative, which aimed to benefit the president's political allies, was abandoned after a federal judge temporarily blocked its creation and Senate Republicans voiced strong opposition. Meanwhile, Senate Democrats expressed alarm over President Trump's appointment of Bill Pulte as acting director of national intelligence. Democratic leaders warned that Pulte could potentially attempt to subvert the upcoming midterm elections for control of Congress, while some Republicans, including Senator Bill Cassidy, remained skeptical about whether the fund was truly dead.
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Sources
Trump still protected from tax enforcement, but anti-weaponization fund is dead, Blanche says
Sen. Bill Cassidy, R-La., who was speaking at the CNBC CEO Council Summit as Blanche testified, said, "I am not confident the weaponization fund will not go forward." Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Todd Blanche says DOJ will not move forward with anti-weaponization fund | Fox News
Acting Attorney General Todd Blanche told lawmakers the Justice Department is abandoning plans for the Anti-Weaponization Fund, ending the effort after a federal judge temporarily blocked its creation. NEWYou can now listen to Fox News articles!
Acting AG Blanche says Trump administration is nixing $1.8 billion 'Anti-Weaponization Fund' - ABC News
Acting Attorney General Todd Blanche confirmed during testimony before a House subcommittee on Tuesday that the Trump administration is backing down from establishing a $1.8 billion "Anti-Weaponization Fund" to benefit allies of President Donald Trump following heavy pressure from Republican ...
WATCH: Thune signals that Blanche may testify that 'anti-weaponization fund' is off the table | PBS News
Watch Senate Republicans' news conference in our video player above. Senate Majority Leader John Thune, R-S.D., pointed to Blanche's expected testimony in a House committee Tuesday afternoon. He told reporters that Blanche "previewed what he was going to say" about the settlement, which is designed to compensate Trump's political allies and has met with strong pushback from Senate Republicans. READ MORE: New acting spy chief will be Bill Pulte...
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