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Following Trump Announcement on “Weaponization Fund,” Larson Vows to Stop Sham Settlement from Moving Forward in Any Form

June 1, 2026

East Hartford, CT - Today, Rep. John B. Larson (CT-01) released the following statement after the Trump Administration announced it would be pausing plans to create a $1.8 billion slush fund for Trump family members, January 6th insurrectionists, convicted fraudsters, and other MAGA allies. This follows a Friday court order that blocked the taxpayer-funded payout from moving forward. 

“Seems like Trump and his buddies have finally seen the writing on the wall—cutting yourself a $2 billion check does not sit so well with taxpayers struggling to make ends meet, but this fight is far from over,” said Larson. “I may have been born at night but not last night. I know Trump and his cronies will continue working to find a way to get their taxpayer-funded settlement, no matter what the courts say. Public service should be about serving the people, not strong-arming sweetheart deals for personal gain and profit. Whether it’s billion-dollar corporations screwing over their customers or billionaire presidents trying to make a quick buck off the American people, we cannot stand idly by. We must act now to block this rogue president from enriching himself on the American people’s dime. I will be introducing legislation to require Congressional approval before this settlement can move forward in any form – ensuring no public funds are siphoned into Donald Trump’s pocket, and no agreement can protect him and his family from facing accountability for dodging their taxes.” 

Last month, Larson introduced the SLUSH FUND Act with his fellow Democrats on the Ways and Means Committee to tax the President’s unethical $1.8 billion slush fund settlement with the IRS meant to benefit January 6th rioters and other MAGA allies at 100 percent, rightfully returning taxpayers’ money back to the people of the United States. He also announced plans to introduce legislation to require Congressional approval before the Department of Justice can spend taxpayer dollars on any legal settlement resolving a case involving the President, the President’s immediate family, or any business entity they own or control.