The Rest Is Politics: US
The Rest Is Politics: US

189. Trump’s Secret Slush Fund: His Most Corrupt Act Yet

May 20, 2026 • 40m

Summary

⏱️ 9 min read

Overview

Anthony Scaramucci and Katty Kay analyze President Trump's controversial $1.776 billion 'anti-weaponization slush fund' that will potentially compensate January 6th rioters and Trump allies, alongside a DOJ agreement to drop tax investigations into the Trump family. They also examine Trump's endorsement of scandal-plagued Ken Paxton over Senator John Cornyn in the Texas Senate race, exploring the implications for Republican Party control and Trump's loyalty-based political strategy.

The Trump Slush Fund and IRS Settlement

Trump dropped his lawsuit against the IRS over leaked tax returns in exchange for a $1.776 billion fund to compensate alleged victims of government weaponization, primarily January 6th defendants. Simultaneously, the DOJ agreed to drop tax investigations into the Trump family, raising concerns about corruption and the creation of a two-tiered justice system. Legal experts describe this as potentially the most corrupt action of Trump's presidency, with The Wall Street Journal editorial board expressing alarm.

  • Trump receiving $1.776 billion fund to pay alleged victims of government weaponization in exchange for dropping IRS lawsuit
  • Fund will primarily benefit January 6th rioters who attacked police officers
  • DOJ agreement appears to provide Trump family with permanent immunity from IRS audits
  • Todd Blanche, Trump's former personal attorney, will control fund disbursements with no neutral arbiter
" In the scheme of the things that Trump has done around corruption, this one seems to be ringing alarm bells, even in the editorial pages of The Wall Street Journal. "
" The fox isn't guarding the hen house. The fox is actually sitting out there writing the checks. "

Comparing Trump's Actions to Authoritarian Playbooks

Scaramucci presents a satirical 'corruption playbook' allegedly found at his hotel, outlining tactics used by authoritarian leaders like Putin and Orban. He systematically shows how Trump's slush fund hits every element of this playbook, from monetizing office to capturing referees to flooding the zone with chaos. The analysis draws parallels to how Orban was ultimately voted out due to corruption concerns.

  • Six tactics of authoritarian corruption: monetize office, use pardons as tools, weaponize enforcement, sell access, capture referees, and flood the zone
  • Trump waited until weakening oversight bodies and law firms before implementing the slush fund
  • Viktor Orban was ultimately removed from office due to corruption, not other policies
  • Scaramucci predicts Trump may face consequences after his term ends, similar to Al Capone's tax evasion conviction
" I found a playbook and it's called the Russian Playbook. It looks like it was left here by Viktor Orban from Hungary. "
" You have to use the power of the pardon as a tool. Okay, so hey, man, write me a check. I'll pardon you. Okay, and this also provides access. "

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