BIST10013.501,55▼ -1.36%The Price of Paternity: Goldman Sachs Hit with £1.45m Paternity Leave Stigma PayoutUSD/TRY47.6270▲ 0.20%The Memory Correction: South Korea's Chip Giants Hit a Valuation WallEUR/TRY54.1532▲ 0.30%SoFi’s Paradox: Why a Bottom-Line Beat Triggered a Sell-OffBTC/USD$64,180▲ 0.86%Retail Exodus: Individual Investors Dump Stocks at Post-Pandemic HighsGOLD6.169,13▲ 0.15%Polymarket Invests in Research Institute to Study Prediction MarketsBRENT$90.24▲ 7.31%Is the American Dream Still Within Reach? Wharton Professor Issues Warning The $4.4 Million Reselling Empire: How Gen Z is Building the Next Big ThingBIST10013.501,55▼ -1.36%The Price of Paternity: Goldman Sachs Hit with £1.45m Paternity Leave Stigma PayoutUSD/TRY47.6270▲ 0.20%The Memory Correction: South Korea's Chip Giants Hit a Valuation WallEUR/TRY54.1532▲ 0.30%SoFi’s Paradox: Why a Bottom-Line Beat Triggered a Sell-OffBTC/USD$64,180▲ 0.86%Retail Exodus: Individual Investors Dump Stocks at Post-Pandemic HighsGOLD6.169,13▲ 0.15%Polymarket Invests in Research Institute to Study Prediction MarketsBRENT$90.24▲ 7.31%Is the American Dream Still Within Reach? Wharton Professor Issues Warning The $4.4 Million Reselling Empire: How Gen Z is Building the Next Big Thing

Global MarketsJuly 29, 2026 at 08:12 PM

Trump’s IRS Deal: Blanche’s Confirmation Hinges on DOJ’s Refusal to Modify Settlement

724FinanceKaptan Rıza Deniz

Trump’s IRS Deal: Blanche’s Confirmation Hinges on DOJ’s Refusal to Modify Settlement

The Trump administration is refusing to modify the controversial IRS settlement with Donald Trump and formally rescind its 'anti-weaponization' fund, raising concerns over Todd Blanche’s attorney general confirmation. Sen. John Cornyn, R-Texas, criticized the DOJ for not addressing his demands, including written rescission of the $1.776 billion fund and narrowing the scope of Trump’s immunity agreement. Sen. Thom Tillis, R-N.C., echoed Cornyn’s stance, signaling he could oppose Blanche unless the DOJ complies. Blanche has claimed the fund is 'dead,' but the DOJ has not provided written assurances. The Senate Judiciary Committee is scheduled to vote on Blanche’s nomination Thursday, but delays are possible due to GOP divisions. Blanche has distanced himself from Trump’s IRS settlement, despite the deal granting legal immunity to Trump’s family. The developments could derail Blanche’s confirmation and impact market sentiment.