Story perspectives

Acting AG Blanche Rescinds $1.8 B Fund, Limits Audit Immunity

8/5/2026

Center

Blanche Rescinds Fund

Acting Attorney General Todd Blanche issued a written order on Sunday rescinding the $1.8 billion anti-weaponization fund and limiting the related tax-audit immunity.
The order satisfied the written-assurance demand of holdout Republican Senators John Cornyn and Thom Tillis, clearing a path for Blanche’s confirmation.
Audit-immunity is limited to claims that were open at the settlement time.
President Donald Trump said he did not sign the rescission order.

Left

Blanche Preserves Shield

Acting Attorney General Todd Blanche issued a order on Sunday rescinding the $1.8 billion anti-weaponization fund and limiting the tax-audit immunity.
The order preserves President Donald Trump’s sweeping tax shield and creates a loophole that could revive the rescinded fund.
Legal scholars say the order lacks binding effect and could be undone, reviving the fund.
The settlement, intended for Jan 6 defendants and Trump allies, can be altered with parties’ consent.

History

Historical Context

The IRS Restructuring and Reform Act, enacted July 1998, limited tax-audit immunity and capped civil damages at $100,000 while establishing an IRS Oversight Board. Senators John Cornyn and Rep. Jim Jordan cited those limits in the 2022 Jan 6 settlement, and Acting AG Todd Blanche’s order rescinding the $1.8 billion anti-weaponization fund follows the same constraints.

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Blanche Rescinds Fund

Acting Attorney General Todd Blanche issued a written order on Sunday rescinding the $1.8 billion anti-weaponization fund and limiting the related tax-audit immunity.
The order satisfied the written-assurance demand of holdout Republican Senators John Cornyn and Thom Tillis, clearing a path for Blanche’s confirmation.
Audit-immunity is limited to claims that were open at the settlement time.
President Donald Trump said he did not sign the rescission order.

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