Trump drops IRS lawsuit, paving the way for a settlement

The Internal Revenue Service building is seen in February 2025 in Washington, D.C. Tasos Katopodis/Getty Images hide caption toggle caption Tasos Katopodis/Getty Images President Trump is moving to dismiss a $10 billion lawsuit he filed against the IRS over the leak of his tax returns, according to a court filing. That could pave the way for a big settlement with the government he leads even as ethics watchdogs and Democrats in Congress are trying to intervene. …