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

Chinese Economy Stalls as Spending, Investment Drop to Covid-Era Levels

by Team Lumida
12 hours ago
China’s Bold Economic Moves: What You Need to Know Now

China's retail sales fell 0.6% year-on-year in May — the first decline since Covid lockdowns ended — while fixed-asset investment shrank 4.1%, exposing a deepening split between booming...

Read more

US and Iran Prepare for Deal Signing With Both Claiming Victory

by Team Lumida
12 hours ago
Israel Strikes the Caspian: Hitting the Russia–Iran Weapons Smuggling Pipeline at Its Source

The US and Iran are set to formally sign a 14-point interim peace MOU in Geneva on Friday, with JD Vance leading the American delegation — but disputes...

Read more

Kevin Warsh Wants the Fed to Stop Explaining Everything

by Team Lumida
1 day ago
September Rate Cut Likely as Job Market Risks Increase, Says Fed

New Federal Reserve Chairman Kevin Warsh is preparing to dramatically scale back Fed communications — fewer speeches, a possible end to the dot plot, and shorter press conferences...

Read more

Israel Is Alarmed by Trump’s Deal With Iran

by Team Lumida
1 day ago
Why Iran Thinks It Won the War — Despite Catastrophic Military Losses

Netanyahu is urgently seeking a meeting with Trump after an Israeli strike on Beirut nearly derailed the US-Iran agreement, and Israel worries Iran will pocket financial relief without...

Read more

Trump Calls Off Iran Strikes, Claims Deal Is Days Away — Tehran Says Not Yet

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

Hours after threatening to bomb Iran and seize Kharg Island, Trump reversed course and declared a peace deal is imminent, sending oil down 3% and stocks surging —...

Read more

US and Iran Near Deal Signing on G7 Sidelines — Geneva Could Be the Venue This Weekend

by Team Lumida
4 days ago
US and Iran Trade Heaviest Fire in Months — Ballistic Missiles, Kuwait Airport Hit as Ceasefire Frays

Senior officials say the US and Iran are edging toward signing a memorandum of understanding as early as Sunday in Geneva, with the G7 summit in Evian providing...

Read more

Global Trade Imbalances Hit Dangerous Levels — and the G7 Has No Good Fix

by Team Lumida
4 days ago
blue and red cargo ship on sea during daytime

Global current-account deficits and surpluses have risen to 3.7% of world GDP — approaching levels that preceded major financial crises — with the US, China, and Germany as...

Read more

China’s Missing 3 Million Barrels Is the Reason Oil Hasn’t Hit $150

by Team Lumida
5 days ago
Crypto to Stocks: The New Investment Shift in China

China has quietly absorbed the Strait of Hormuz shock by cutting crude imports by three million barrels a day — a feat powered by EVs, rail, reserve drawdowns,...

Read more

Trump Threatens Daily Strikes on Iran as Hormuz Closure Looms and Ceasefire Frays

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

President Trump ordered a second night of US strikes on Iran — 50 Tomahawk missiles — and threatened to bomb again Thursday unless Tehran accepts an interim deal,...

Read more

Gas Prices Have Wiped Out Every Wage Gain Since Trump Took Office

by Team Lumida
5 days ago
brown metal tower

May's CPI came in at 4.2% — well above the 3.4% wage growth rate — leaving inflation-adjusted earnings at their lowest since early 2025, a direct consequence of...

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 close up of a pile of crypt coins

Tether Briefly Overtook Ethereum in Market Value — and the Symbolism Is Hard to Ignore

June 12, 2026
person carrying umbrellas

China’s Economic Growth Falters

July 15, 2024
Trump’s New Push to Revive Coal Industry with Pentagon Funding

Trump Family Accounts Made 3,700 Big Tech Trades in Q1 While Policy Decisions Hung in the Balance

May 19, 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