Trump moves to withdraw $10bn lawsuit against IRS amid talks of deal to compensate allies – US politics live

Move comes after reports that Trump could end lawsuit in exchange for $1.7bn fund to compensate people he claims were wrongfully targeted

Trump moves to dismiss $10bn lawsuit against IRS amid reports he’s considering settlement

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Trump’s move to withdraw the lawsuit against the IRS came just two days ahead of a 20 May deadline in which the judge overseeing the case asked the parties for briefing on whether a legitimate controversy existed – a requirement for any lawsuit – because Trump controls the IRS.

“Upon the filing of this notice, no judicial analysis is appropriate,” Trump’s lawyers said in a brief filing on Monday requesting dismissal of the suit.