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 Confirms Doha Talks With Iran Tuesday as Hormuz Traffic Sputters and Fee Fears Grow

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

Trump confirmed on Truth Social that Iran peace talks resume Tuesday in Doha — but Hormuz traffic has slumped back to a trickle, Iran struck US-allied bases in...

Read more

US and Iran Agree to Halt Hormuz Fighting, Resume Peace Talks in Doha

by Team Lumida
20 hours ago
Iran Is Running the 1980s Tanker War Playbook Again — This Time With Drones

The US and Iran have agreed to cease days of tit-for-tat strikes around the Strait of Hormuz and return to peace talks — but Iran's claim of sole...

Read more

Iran’s IRGC Strikes Cargo Ship in Strait of Hormuz, Testing Trump’s Deal

by Team Lumida
4 days ago
Iran Is Running the 1980s Tanker War Playbook Again — This Time With Drones

Iran's IRGC attacked the Singapore-flagged container ship Ever Lovely with a drone in the Strait of Hormuz, damaging the bridge and prompting the IMO to pause evacuation operations...

Read more

Trump Channels Biden, Accuses Big Oil of Gouging Consumers as Gas Stays Near $4

by Team Lumida
5 days ago
a white car with a green gas pump

Ten days after the Iran deal, gas is still ~$3.93/gallon — down less than 4% while crude has dropped 27%. Trump is threatening a DOJ price-gouging investigation, echoing...

Read more

China’s Yuan Architecture Is Quietly Dismantling the Power of US Sanctions

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

Iran earned $43B in oil revenue in 2024 despite US sanctions — mostly paid in yuan through China's CIPS network and a shadow financial system Washington can't monitor....

Read more

Congress Passes Landmark Housing Bill — But Builders Say It Won’t Move the Needle

by Team Lumida
6 days ago
A large white building with a fountain in front of it

The 21st Century ROAD to Housing Act passed 358-32 with broad bipartisan support, but home builders are responding with a shrug: it includes no new funding, can't override...

Read more

Trump Sics DOJ on Big Oil Over Gas Prices That Aren’t Falling Fast Enough

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

Trump ordered the Justice Department to investigate why gasoline prices haven't fallen as fast as crude oil after the Iran sanctions waiver — gas is below $4/gallon but...

Read more

Bessent Backs Warsh, Predicts Inflation Falls as Iran War Winds Down

by Team Lumida
6 days ago
US Treasury Secretary Bessent: Terming Out US Debt Is “A Long Way Off”

Treasury Secretary Bessent told the Economic Club of New York he's confident in Fed Chair Warsh's independence, predicted gas prices and inflation will come back to target as...

Read more

US Allows Iran to Sell Oil in Dollars for the First Time in Decades

by Team Lumida
7 days ago
brown metal tower

A two-month Treasury waiver lets Iran receive direct dollar payments for oil, lifts terrorist-activity sanctions, and legalizes shadow fleet tankers — a seismic shift in the Iran sanctions...

Read more

Trump Says Iran’s Unfrozen Funds Stay Under US Control — Iran Disputes It

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

Trump says released Iranian funds go into US-controlled escrow for food and medicine purchases. Iran's foreign ministry says the money will be used freely. Both sides claim progress...

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

OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

OpenAI Pauses Stargate UK Data Center Over Energy Costs — A Warning Shot for Europe’s AI Ambitions

April 9, 2026
woman in gray hoodie sweater jogging

This 55-Year-Old’s Simple Routine Beats Millionaires at Anti-Aging

May 17, 2024
Chinese Robot Just Beat the Human Half-Marathon World Record — After Getting Up From a Crash

Chinese Robot Just Beat the Human Half-Marathon World Record — After Getting Up From a Crash

April 21, 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