Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Macro

Trump Creates $1.78 Billion Fund to Compensate People Who Claim the Government Targeted Them

by Team Lumida
May 19, 2026
in Macro
Reading Time: 3 mins read
A A
0
Supreme Court Signals It Will Strike Down Trump’s Birthright Citizenship Order
Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp
  • The Trump administration has created a $1.776 billion “Anti-Weaponization Fund” to compensate and issue formal apologies to individuals who allege the federal government weaponized the legal system against them.
  • Acting Attorney General Todd Blanche will appoint a five-person commission to administer the fund, which runs through December 2028 — with commission members removable by Trump.
  • Critics warn the structure gives the administration sweeping discretion to direct federal money to political allies with minimal independent oversight.
  • The move could benefit individuals who faced federal prosecution, IRS scrutiny, or other government actions that Trump has characterized as politically motivated.

What Happened?

The Trump administration announced the creation of a $1.776 billion settlement fund styled as redress for Americans who believe the federal government used its law-enforcement and regulatory powers against them for political reasons. Acting Attorney General Todd Blanche will appoint the five commissioners who will decide who receives payments and how much. Commission members serve at the President’s pleasure and can be removed by Trump. The fund runs through December 15, 2028. The administration framed the move as a reckoning with abuses of prosecutorial and regulatory power during prior administrations — a continuation of the “weaponization of government” narrative that was central to the 2024 campaign.

Why It Matters?

The fund’s structure raises fundamental governance concerns. A settlement mechanism controlled by presidential appointees who can be fired by the President — distributing nearly $1.8 billion to individuals who claim to have been harmed by the prior administration — is, in effect, a political patronage vehicle with a legal veneer. There is no independent judiciary, no adversarial process, and no clear evidentiary standard governing who qualifies. The targets of “weaponization” claims range from January 6 defendants to Trump allies who faced tax audits, subpoenas, or prosecutions. Critics from both parties argue that federal settlement funds require arm’s-length administration to be legitimate — and that this structure provides neither.

What’s Next?

Expect legal challenges to the fund’s creation and administration structure, likely from government watchdog organizations and potentially Democratic attorneys general. Congress may also seek to investigate or defund the mechanism, though Republican majorities make that unlikely in the near term. The fund will draw scrutiny each time a notable payment is made — particularly if recipients include individuals with direct political ties to the current administration. The broader precedent is also significant: if this fund survives, future administrations will have a template for creating discretionary payout mechanisms outside normal appropriations oversight.

Source: The Wall Street Journal

Previous Post

Google and Blackstone Are Building a $5 Billion AI Cloud Company Together

Next Post

SEC Set to Allow Crypto Versions of Stocks — Even Without Company Consent

Recommended For You

Trump Approves Landmark 30-Year Nuclear Deal With Saudi Arabia — Opening Door to Uranium Enrichment and Raising Proliferation Alarm

by Team Lumida
12 hours ago
Supreme Court Signals It Will Strike Down Trump’s Birthright Citizenship Order

President Trump has formally approved a landmark 30-year nuclear agreement with Saudi Arabia providing the kingdom a civilian nuclear program and potentially allowing uranium enrichment on Saudi territory,...

Read more

US Widens Iran Strikes to Tabriz on Day 11 — Both Sides Dismiss Diplomacy as Oil Hits $95 and War Costs Reach $37.5 Billion

by Team Lumida
12 hours ago
Iran Tightens Its Grip on Hormuz Despite the Ceasefire — Charging Tolls and Limiting Traffic

The US expanded its bombing campaign to Tabriz in northwestern Iran on the 11th consecutive day of strikes, while both Washington and Tehran dismissed near-term diplomatic prospects —...

Read more

Trump Threatens 100% Tariff on Generic Drugs From 2028 — Putting 90% of US Prescriptions and India’s $10.5B Pharma Exports at Risk

by Team Lumida
12 hours ago
Supreme Court Signals It Will Strike Down Trump’s Birthright Citizenship Order

President Trump announced a 100% tariff on imported generic drugs effective August 2028, escalating to 200% in August 2029, targeting the global supply chain that produces more than...

Read more

Iran Ballistic Missile Hit US Troop Housing at Jordan Base — Exposing Limits of American Missile Defense

by Team Lumida
1 day ago
Iran Tightens Its Grip on Hormuz Despite the Ceasefire — Charging Tolls and Limiting Traffic

An Iranian ballistic missile strike on Muwaffaq Salti Air Base in Jordan hit prefabricated housing units where US troops lived and slept, killing two soldiers from Army air...

Read more

Trump Hits Canada With Additional 50% Tariffs on Wine, Cement, Hockey Sticks — Energy Exempt

by Team Lumida
1 day ago
Supreme Court Signals It Will Strike Down Trump’s Birthright Citizenship Order

President Trump imposed an additional 50% tariff on a range of Canadian goods including wine, hockey sticks, and cement, citing Canada's "discriminatory treatment of American products," while exempting...

Read more

US Gasoline Prices Cross $4 a Gallon Again as Iran Conflict Hits Crude and Russian Refinery Outages Tighten Supply

by Team Lumida
2 days ago
a gas pump is connected to a car at a gas station

Regular unleaded gasoline averaged $4.003 a gallon on Monday according to AAA — crossing the politically sensitive $4 threshold for the first time in a month — as...

Read more

US Bombs Iran for Ninth Straight Day as Hormuz Standoff Deepens, Brent Crude Tops $90

by Team Lumida
2 days ago
The Iran War’s Invisible Casualty: A Helium Crisis That Could Cripple AI Chips and MRI Scanners

The US conducted a ninth consecutive day of airstrikes on Iran targeting military installations and communications networks, while Iran continued attacking US bases across Kuwait, Jordan, Bahrain, and...

Read more

Trump’s Iran Blockade Is an Economic Stranglehold — But Tehran Is Betting It Can Outlast the Pressure

by Team Lumida
5 days ago
Supreme Court Signals It Will Strike Down Trump’s Birthright Citizenship Order

Trump is reimposing the Iran shipping blockade and revoking Iran's right to sell oil, betting economic pain will force Tehran to release its hold on the Strait of...

Read more

Six Days of US-Iran Clashes — Attacks Expand Beyond Military Targets as Fears of Full War Return and Hormuz Remains Closed

by Team Lumida
5 days ago
Europe’s Secret War Role: U.S. Military Operations Run Through the Continent

The US and Iran entered a sixth consecutive day of hostilities Thursday, with the US striking six road bridges in southern Iran overnight and reports of attacks near...

Read more

US Housing Starts Surge 19% in June on Apartment Boom — But Permits Hit Multi-Month Lows, Single-Family Demand Stays Weak

by Team Lumida
5 days ago
China’s Housing Market: Eased Policies Show Promise Amid Economic Struggles

US housing starts rebounded sharply in June to an annualized rate of 1.43 million — the highest since March, beating all economist estimates — driven by a 76%...

Read more
Next Post
Bitcoin Plunges to $64K Amid U.S. Tech Stock Turmoil

SEC Set to Allow Crypto Versions of Stocks — Even Without Company Consent

House Rebuke of Canada Tariffs Exposes Political Risk Around Trump’s Trade Agenda

Trump Pauses Planned Iran Strike After Gulf Leaders Ask for Diplomacy Window

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

a man holding a jar with a savings label on it

Record-High 401(k) Savings: How to Maximize Your Retirement Plan

June 26, 2024
Will September’s Fed Rate Cuts Surprise Investors? Here’s What Deutsche Bank Predicts

Fed Expected to Cut Rates — but Internal Divisions Signal a Pause Ahead

December 10, 2025
Bitcoin Mining Stocks Outperform BTC in Early 2025, Network Strength Grows

Bitcoin ETF Inflows Surge as Crypto Rebounds and Institutional Demand Returns

January 15, 2026

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto data centers Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Intel Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018