No Taxpayer-Funded Settlement Slush Funds Act of 2026

This bill would bar federal money from being used to create or pay into a compensation fund set up by a May 18, 2026 settlement in the lawsuit Trump, et al. v. IRS, et al. It would also bar federal settlement or court-award payments to the President, Vice President, their close family members, businesses they own, cabinet members, senior White House staff, and political appointees. Payments could not be made on claims of harm from investigations or prosecutions tied to the January 6, 2021 Capitol attack, foreign interference in the 2016 election, or cases already dismissed with prejudice. The Treasury would have to report large payments to congressional Judiciary Committees, give notice and wait 120 days before payments over $250,000, and the Attorney General could sue to recover improper payments made on or after January 20, 2025.

Full text and official record on Congress.gov

Sponsors

• Jamie Raskin Democrat sponsor
• 111 cosponsors