6 Trump-Linked Companies Deny IRS Immunity Deal Ties as 5 Others Stay Silent
Updated
Updated · Forbes · Jul 30
6 Trump-Linked Companies Deny IRS Immunity Deal Ties as 5 Others Stay Silent
3 articles · Updated · Forbes · Jul 30
Summary
Six Trump-linked companies told Sen. Elizabeth Warren they were not involved in and do not believe they are covered by the IRS settlement’s immunity provision; five others declined to answer.
Warren said the silence from the Trump Organization, World Liberty Financial, 1789 Capital, Foundation Future Industries and Tag Air deepens concerns they could try to use the deal as legal protection.
The May settlement appears to bar federal prosecution or civil claims against Trump, his eldest sons and affiliated parties for past conduct, though Todd Blanche has argued its reach is far narrower.
John Cornyn and Thom Tillis have demanded the Justice Department narrow the agreement and formally kill a separate $1.776 billion 'anti-weaponization' fund, delaying Blanche’s committee vote.
With all Democrats on the Senate Judiciary Committee opposed, Republicans cannot lose a single GOP vote, making the dispute over the settlement central to Blanche’s attorney general nomination.