Acting attorney general Todd Blanche told a House Appropriations subcommittee that the Justice Department would not move forward with a $1.8 billion fund earmarked to support investigations into former President Donald Trump, his family and businesses. The decision preserves an existing order that forces the IRS to drop those probes.

Blanche’s statement follows a correction issued earlier in the week that clarified he appeared before a subcommittee, not the full Appropriations Committee. The ruling sidesteps a potential $1.8 billion outlay that could have funded a new legal team to pursue tax and financial cases against the Trump enterprise.

The decision removes a significant fiscal lever that could have amplified scrutiny of Trump’s tax returns and business dealings. Investors in the Trump Organization and related holding companies had already adjusted valuations following earlier DOJ actions, so the pause may ease short‑term volatility in the sector.

With the DOJ shelving the fund, the IRS remains bound by the existing order, maintaining the status quo on investigations. The move signals that federal resources will not be redirected to expand legal pressure on the former president, solidifying the current investigative landscape for the public.