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Just dropped · Trial Balloon · Ep. 193

The Magnificent Seven

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Trial Balloon · Ep. 193: The Magnificent Seven

Trump Drops Plan for ‘Anti-Weaponization’ Fund

June 1, 2026 · 3:38 pm ET · Leave a Comment

Bloomberg: “The Trump administration intends to scrap a controversial $1.8 billion legal fund for victims of alleged government weaponization.”

“The move came after blowback from Republicans and Democrats, who derided it as a slush fund for President Donald Trump’s political allies. It’s the latest setback for the president, who recently suffered a court defeat over his plans to overhaul the John F. Kennedy Center for the Performing Arts and has struggled to end the war in Iran.”

Said one source to Axios: “It’s dead for now.”

Punchbowl News reports that “the administration is expected to announce that they are going to comply with the court order and not go forward on the weaponization fund.”

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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