Federal officials are maintaining an agreement that shields President Trump and his business entities from government scrutiny of past tax filings, the Wail confirmed Monday.
The arrangement, which bars audits of Trump-linked returns predating the current administration, remains in force even as a separate proposal — an “Anti-Weaponization Fund” designed to formalize the protections — has been shelved indefinitely, according to reporting by Political Wire.
The fund's suspension leaves the audit immunity standing on informal ground, with no codified mechanism backing it.
Critics in Congress have argued the agreement sets a precedent allowing a sitting president to insulate prior financial dealings from standard IRS review. Supporters within the administration have characterized such protections as a check against politically motivated investigations.
No federal agency has publicly confirmed the terms of the arrangement or identified which offices are bound by it.
Congressional Democrats are expected to press for documentation of the agreement in oversight hearings scheduled for later this month.