The Trump administration on Monday said it's creating a $1.7 billion fund to compensate prosecuted allies of the Republican president after he moved to drop his $10 billion lawsuit against the Internal Revenue Service.

The “Anti-Weaponization Fund” was announced by the Justice Department as part of a deal to resolve President Donald Trump’s case over the leak of his tax returns. Democrats and government watchdogs immediately pledged to fight the arrangement.

Earlier in the day, world shares mostly retreated and oil prices jumped after Trump warned Tehran that the “clock is ticking” as U.S.-Iran negotiations over a permanent end to the war stall. U.S. futures fell and markets in Japan and South Korea pulled back from their records.

House lawmakers hear from Epstein’s jail guard

The House Oversight Committee is interviewing Tova Noel, the former guard who was working the night that Jeffrey Epstein died in a New York jail cell in 2019.

Noel and the other guard on duty that night, Michael Thomas, have admitted to falsifying records after facing federal charges in 2021 that stemmed from Epstein’s death. New York City’s medical examiner ruled his death a suicide, but conspiracy theories have swirled around his death for years.

House lawmakers have said they want to examine the conditions at the jail at the time Epstein died.

Hegseth campaigning alongside a Trump-backed congressional candidate

Secretary of Defense Pete Hegseth will spend Monday afternoon campaigning alongside a Trump-backed congressional candidate on the eve of Kentucky’s high-profile 4th district GOP primary contest.

Hegseth is scheduled to appear with former Navy SEAL Ed Gallrein at the 1 p.m. EST rally in Hebron, Kentucky. The event is hosted by the Trump-allied group, America First Works.

Source: WPLG