Fox News legal analyst Gregg Jarrett discusses President Donald Trump’s lawsuit against the IRS and Treasury on “The Evening Edit.”
President Donald Trump said Saturday it plans to settle its $10 billion lawsuit against the IRS and donate the money to charity.
Trump filed a lawsuit Thursday accusing the agency of illegally disclosing his confidential tax returns in a politically motivated violation of federal privacy laws.
A spokesperson for Trump’s legal team previously told Fox News that a “rogue and politically motivated” IRS employee leaked private and confidential tax information involving Trump, his family and the Trump Organization to media outlets including the New York Times and ProPublica.
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President Donald Trump speaks to the media aboard Air Force One as he travels from Washington, DC to West Palm Beach, Florida, January 31, 2026. (SAUL LOEB/AFP via Getty Images/Getty Images)
Speaking to reporters Saturday aboard Air Force One, Trump said he plans to settle the case and return the proceeds to “established and respected charities”.
“We are considering doing something for charity where I will donate money to charity,” he said. “We can make a substantial amount of it. No one would care because the money will be donated to many very good charities. »
Trump added: “If I pay myself, it will never look good.”
“A lot of outsiders said, ‘What a great idea,’ because no one cares if the money goes to a good charity,” Trump said. “So you sort it out by giving a lot of money to charity and I think we’re going to do something like that. We’re looking to do something like that.”
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President Donald Trump spoke to reporters aboard Air Force One on Saturday, saying he plans to settle his $10 billion lawsuit against the IRS and donate the proceeds to charity. (Al Drago/Getty Images / Getty Images)
The president cited the American Cancer Society as a possible example of a recipient.
The lawsuit claims that the disclosures by the IRS were illegal and harmed millions of people by violating federal privacy laws.
The leak focuses on an entrepreneur, Charles Littlejohn, who pleaded guilty in October 2023 to a single count of unauthorized disclosure of tax return information and is serving a five-year prison sentence.
Littlejohn admitted to stealing and leaking Trump’s tax records to the New York Times and separately leaking confidential tax information about wealthy individuals to ProPublica.
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Former IRS contractor Charles Littlejohn, right, was sentenced to five years in prison for leaking the tax returns of President Donald Trump and other wealthy individuals. (Fox News / Fox News)
According to the lawsuit, Littlejohn testified during a 2024 deposition that the documents he disclosed included information about all of Trump’s business involvements.
Emma Bussey and Brooke Singman of Fox News Digital contributed to this report.
