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Treasury General Counsel Quits After $1.8B Trump-Allied Fund Announcement

New York Times Business •
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Brian Morrissey resigned as the Treasury Department's general counsel on Monday, just hours after the Trump administration unveiled a controversial $1.8 billion fund that could benefit the president's political allies. Morrissey's departure comes seven months after his Senate confirmation, marking a sudden exit that raises questions about internal dissent within the department.

The anti-weaponization fund will distribute payments to individuals who claim they were improperly targeted by the Biden administration, including January 6 Capitol rioters and former Trump staffers. The Treasury is tasked with depositing $1.776 billion into an account controlled by appointees of acting Attorney General Todd Blanche. Funding comes from the Judgment Fund, an uncapped federal resource that doesn't require congressional approval.

This fund emerged from a settlement agreement resolving Trump's lawsuit against the IRS, which he accused of failing to prevent unauthorized disclosure of his tax information. Brian Morrissey's resignation signals potential legal and ethical concerns within the Treasury about the fund's structure and beneficiaries. The rapid succession of events suggests internal conflict over the unprecedented use of federal settlement funds for political purposes.