Editorial: Congress has power to flush the slush fund - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Economic News
Newswires RSS Get our newsletter
Order Prints
May 30, 2026 Newswires
Share
Share
Post
Email

Editorial: Congress has power to flush the slush fund

Bobby BurnsThe Daily Advance

The Trump administration's creation of a $1.776 billion fund of taxpayer money under the president's control to pay favored individuals outside the judicial process is drawing bipartisan condemnation.

"From all outward appearances, this doesn't pass the smell test," said Sen. John Curtis, R-Utah. "We're considering legislative options," added Rep. Brian Fitzpatrick, R-Pennsylvania. "You can't do that."

When Republican members of Congress grouse about the president's excesses, it's usually just talk. But not always: Sen. Thom Tillis, R-North Carolina, used his power over confirmations to force the Trump Justice Department to drop its frivolous criminal probe into Federal Reserve Chair Jerome H. Powell. Perhaps this will be another instance where congressional Republicans assert themselves. They'd be doing a favor not just for taxpayers but their own party.

The "Anti-Weaponization Fund" announced last week is part of the "settlement" of President Donald Trump's lawsuit against the IRS over the leak of his tax returns by a contractor in 2019 and 2020. That leak — which affected thousands of taxpayers — was a serious crime, but it's not appropriate for the president to dictate the terms of a settlement in his own case. That's essentially what Trump is doing, because he controls the officials in the Justice Department and IRS who signed off on the terms.

The fund will make payouts to people the administration considers victims of government "weaponization." It's a loosely defined category expected to primarily include political supporters of the president who have been subject to investigation or prosecution. Congress never approved such a program, so the administration will tap the Treasury Department's Judgment Fund for paying settlements — a pot of money subject to relatively few controls that has been misused in the past.

Even a small number of Republican members of Congress offended by this extrajudicial arrangement have the power to limit or stop it. The Trump administration is pursuing, and Congress has been advancing, a $72 billion reconciliation bill to fund Immigration and Customs Enforcement and Border Patrol. The bill is intended to circumvent the Democrats' filibuster with only Republican votes.

The House or Senate could pair that money with language tightening control over the "Judgment Fund." They could limit payouts to third parties from the fund in a way that would also constrain future Democratic administrations.

Congress doesn't need to acquiesce to executive endruns around its power of the purse. As Justice Brett M. Kavanaugh wrote in a recent dissent that was praised to the heavens by Trump: "Importantly, the House, the Senate and the President annually approve most appropriations. As a result, each house of Congress and the president independently possesses de facto veto power over particular appropriations."

Just a handful of Republicans in either chamber can stop Trump's fund from going forward. Trump could veto the legislation Congress passes, of course — but would he really hold up funding for vital government functions over a much smaller pool of money for allies? That certainly wouldn't be a good political look heading into the midterms.

Two police officers who experienced the Capitol riot on Jan. 6, 2021, filed a lawsuit to stop the fund based on the expectation that it will be used to pay defendants in riot cases. But their claim to legal standing is shaky. The courts aren't the best venue for checking the executive's misallocation of resources — Congress is. The presidential cynicism on display here just might be enough to create a bipartisan legislative majority.

Older

PacificSource cuts 97 Oregon jobs amid retreat from health insurance markets

Newer

Is your home really protected from natural disasters?

Advisor News

  • Industry groups applaud House passage of Financial Exploitation Prevention Act
  • Younger workers more likely to be eligible for a retirement plan after changing jobs
  • Bank of America community event unpacks sales tax hike, small business struggles
  • CONGRESSMAN VALADAO DEMANDS ANSWERS FROM CALIFORNIA OVER HEALTHCARE TAX HIKE
  • How executive benefits impact an estate plan
More Advisor News

Annuity News

  • State Farm’s agency overhaul: What distribution can learn
  • IRI, ACLI express support for CLEAR Forms Act
  • A new era at the Federal Reserve
  • Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
  • Why annuities are gaining traction with younger investors
More Annuity News

Health/Employee Benefits News

  • Maryland health insurers want to raise premiums an average 13.7% for individual plans in 2027
  • Maryland health insurance rates could rise 13.7% in 2027 under proposal
  • Millions drop Obamacare health coverage after subsidies expire and costs rise
  • Improving how we deliver healthcare in Idaho
  • Healthcare system needs a public option
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Misr Insurance Company
  • State Farm’s agency overhaul: What distribution can learn
  • They Allegedly Enrolled People In Life Insurance Without Consent. Then Death Claims Paid Out
  • How much do state residents need to retire comfortably?
  • How executive benefits impact an estate plan
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet