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Trump Files $10 Billion Lawsuit Over IRS Tax Leak

US President Donald Trump and his sons Eric Trump, left, and Donald Trump Jr, right, have sued the US federal government over tax leaks.  A new legal battle has erupted as President Donald Trump launches a sweeping $10 billion lawsuit against the U.S. government, accusing federal agencies of failing to protect his confidential tax information. The suit targets both the IRS and the Treasury Department, alleging that years of his private financial records were improperly accessed and leaked to media outlets he describes as politically hostile. The complaint argues that the unauthorized disclosure caused significant damage to Trump’s reputation, business interests, and public standing. It also claims that the leak stemmed from a politically motivated insider who exploited access to sensitive IRS systems. That individual has since been convicted, but Trump maintains that the government bears responsibility for allowing the breach to occur in the first place. The lawsuit, filed in fe...
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Trump Selects Ex-Soros Fund Manager Scott Bessent as Treasury Secretary

 

Former President Donald Trump has named Scott Bessent, a former chief investment officer for George Soros’s fund management, as his choice for Treasury Secretary in his 2024 presidential campaign’s proposed Cabinet. The unconventional pick has raised eyebrows among both Trump loyalists and critics, given Bessent’s past association with the billionaire financier frequently criticized by Trump and conservative circles.

Bessent, who later founded Key Square Group, a successful hedge fund, is widely regarded as a savvy investor with deep expertise in global markets. Trump’s campaign praised Bessent’s financial acumen, citing his ability to navigate complex economic landscapes and his potential to steer U.S. economic policy effectively.

While some Trump allies have expressed concerns over Bessent’s ties to Soros, others see the appointment as a strategic move to bring proven financial expertise to the administration. “Scott’s track record speaks for itself,” a Trump campaign spokesperson said, “and his knowledge of global markets will be invaluable in revitalizing the American economy.”

Critics, however, have questioned whether Bessent’s Wall Street background aligns with Trump’s populist rhetoric and his "America First" economic agenda.

If confirmed, Bessent would take on significant challenges, including managing inflation, addressing debt concerns, and navigating the ongoing shifts in global trade dynamics.


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