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Todd Blanche confirmation nears after Cornyn secures Trump settlement deal modifications

Created at 3 Aug · 3:46 AM2 sources↑ Market-relevant2 events
IN SHORT

Acting U.S. Attorney General Todd Blanche rescinded an order establishing the 'anti-weaponization' fund ahead of a key Senate committee vote. This move follows a deal struck by Sen. John Cornyn with the Justice Department to modify terms of a settlement involving President Donald Trump.

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Key Numbers

$1.8 billionAnti-Weaponization Fund amount

Who's Involved

Todd Blanche
Acting U.S. Attorney General nominee
John Cornyn
Republican Senator from Texas
Donald Trump
President who reached a settlement agreement with the IRS
Thom Tillis
Republican Senator from North Carolina
Justice Department
Reached a deal with Sen. Cornyn to modify the IRS settlement
Todd Blanche confirmation nears after Cornyn secures Trump settlement deal modifications

↳ Why This Matters

The resolution of concerns surrounding the 'anti-weaponization' fund and audit immunity for President Trump removes a key obstacle to Todd Blanche's confirmation as Attorney General, potentially impacting the Justice Department's future actions and oversight.

Key facts

  • Acting U.S. Attorney General Todd Blanche rescinded an order establishing the 'anti-weaponization' fund.
  • The fund was part of a settlement between President Donald Trump and the IRS.
  • Sen. John Cornyn secured modifications to the settlement terms from the Justice Department.
  • The deal addresses concerns about the $1.8 billion 'anti-weaponization' fund and audit immunity for Trump.
  • The Senate Judiciary Committee is scheduled to vote on Blanche's nomination.
  • Todd Blanche's nomination for U.S. attorney general has moved closer to confirmation following a deal brokered by Sen. John Cornyn with the Justice Department. The agreement addresses concerns raised by Cornyn and Sen. Thom Tillis regarding a settlement President Donald Trump reached with the IRS earlier this year.

    The core of the dispute centered on a nearly $1.8 billion "Anti-Weaponization Fund" and an audit immunity deal for Trump and his family. Critics, including Cornyn, voiced unease that the fund could potentially benefit individuals involved in the January 6th Capitol riot, and that the audit immunity was too broad.

    Cornyn had insisted on explicit, written proposals from the Justice Department to nullify the fund and modify the audit shield. After the DOJ initially failed to meet a deadline for these assurances, the Senate Judiciary Committee postponed a scheduled vote on Blanche's nomination.

    However, a breakthrough was announced Sunday, with Cornyn's office and Blanche confirming a deal had been struck. Documents released by Blanche appear to satisfy Cornyn's demands, including nullifying the "Anti-Weaponization Fund" and limiting the scope of the IRS audit immunity. This development is expected to clear the path for Cornyn to support Blanche's confirmation at an upcoming committee meeting.

    Frequently asked questions

    The delay was caused by concerns from Senators John Cornyn and Thom Tillis regarding a settlement agreement between President Donald Trump and the IRS, specifically an 'Anti-Weaponization Fund' and audit immunity for the President and his family.

    It was a nearly $1.8 billion fund established as part of a settlement between the IRS and President Donald Trump, which critics worried could be used to compensate individuals involved in the January 6th Capitol riot.

    The deal modifies the controversial aspects of the IRS settlement, addressing the senators' concerns and paving the way for Sen. Cornyn to support Todd Blanche's nomination for attorney general.

    What Happens Next

    01Senate Judiciary Committee to vote on Todd Blanche's nomination.

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    Cadence

    How It Developed

    Todd Blanche's confirmation as attorney general is likely after Sen. John Cornyn reached a deal with the DOJ on a Trump settlement.
    Acting U.S. Attorney General Todd Blanche rescinded an order that established the 'anti-weaponization' fund.
    Republican Senators John Cornyn and Thom Tillis had held up Blanche's nomination while seeking written assurances about the fund.
    The U.S. Senate Judiciary Committee has scheduled a meeting to consider Blanche's nomination for attorney general.

    Sources

    T1
    Acting US Attorney General Blanche rescinds 'anti-weaponization' fund before confirmation voteReuters
    T1
    Todd Blanche on track for confirmation after Cornyn strikes Trump settlement dealPolitico
    T2
    Todd Blanche confirmation hearing postponed over IRS settlement deal ...foxnews.com
    T2
    Senate Panel Delays Vote On Blanche Attorney General ... - HuffPosthuffpost.com
    T2
    Cornyn imperils Todd Blanche's attorney general nominationtexastribune.org

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