Tahpe
August 3, 2026

US Rescinds $1.8B Fund

US Rescinds $1.8B Fund

The US Attorney General nominee, Todd Blanche, has formally rescinded the $1.8 billion 'anti-weaponization fund', a decision that could pave the way for his confirmation. The fund, established as part of a settlement between the Trump administration and the IRS, was intended to compensate individuals who claimed to be victims of politically motivated prosecutions. However, it had been widely criticized as a potential 'slush fund' for Trump allies.

The decision to rescind the fund comes after weeks of negotiations with Republican senators who had expressed concerns over the fund's purpose and potential for abuse. Senators John Cornyn and Thom Tillis had withheld their support for Blanche's nomination until the fund was formally rescinded. Blanche issued a formal order on Sunday terminating the fund, ahead of the Senate Judiciary Committee's vote on his nomination on Tuesday.

The rescinding of the fund may have significant implications for the justice system and the rule of law. While the decision may secure Blanche's confirmation, some sources suggest that Cornyn and Tillis may still have concerns. The Senate Judiciary Committee's vote on Tuesday will be a crucial next step in the confirmation process.

As the committee prepares to vote, questions remain about the potential impact of the fund's rescinding and whether it will be enough to secure Blanche's confirmation as Attorney General. The fund's rescinding is seen as a key concession by Blanche, and it remains to be seen how it will affect the broader justice system and the rule of law. The confirmation process is expected to continue in the coming days, with the Senate Judiciary Committee's vote being a critical step towards Blanche's potential confirmation.

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