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NATIONAL NEWS

Trump moves to dismiss $10B suit over leak of tax returns after reports of a resolution

May 18, 2026, 6:12 AM | Updated: 5:24 pm

President Donald Trump speaks to reporters aboard Air Force One, Friday, May 15, 2026, as he return...

President Donald Trump speaks to reporters aboard Air Force One, Friday, May 15, 2026, as he returns from a trip to Beijing, China. (AP Photo/Mark Schiefelbein)
Credit: AP Photo/Mark Schiefelbein

(AP Photo/Mark Schiefelbein)

Associated Press's Profile Picture

BY ASSOCIATED PRESS


WASHINGTON (AP) — President Donald Trump on Monday moved to withdraw his $10 billion lawsuit against the Internal Revenue Service over the leak of his tax returns after reports that a resolution of the case was close at hand.

The disclosure was made in a filing in federal court in Florida, where the lawsuit was filed.

ABC News first reported last week that Trump was prepared to drop his lawsuit as part of a deal that would create a $1.7 billion fund to pay allies of the president who believe they were wrongly investigated and prosecuted.

The court filing did not mention terms of any potential deal.

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Trump moves to dismiss $10B suit over leak of tax returns after reports of a resolution