Trump's $1.7b Friends and Family Fund

The Bulwark20mMay 15, 2026

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AI-Generated Summary

In this episode of The Bulwark, hosts JVL and Sarah Longwell dissect a shocking new development: Donald Trump's proposed $1.7 billion 'Friends and Family Fund' as part of a settlement to drop his $10 billion lawsuit against the IRS and Justice Department. The fund, which would compensate individuals claiming to be wrongfully targeted by the Biden administration—including nearly 1,600 January 6th defendants—would be overseen by a commission Trump could appoint and remove at will, with no transparency in decisions or recipient identities. The hosts express outrage at the brazen hypocrisy: Trump, who refused to release his own taxes, now proposes a slush fund that could funnel taxpayer money to his allies and even those convicted of serious crimes, including sex offenses. They critique the lack of accountability, the secrecy, and the timing—winding down before Trump leaves office to prevent future presidents from using it. The conversation shifts to broader systemic failures, with Longwell arguing that Democrats must prioritize building political power before pursuing reforms like Supreme Court expansion or D.C. statehood, while JVL pushes for accountability and even a Nuremberg-style reckoning. Both acknowledge the grim reality: even if Democrats win in 2028, they’re unlikely to have the majorities needed to enact transformative change, and the political will may not exist anyway.

Key Takeaways
1

Trump’s proposed $1.7 billion fund would allow taxpayer money to be secretly distributed to allies and January 6th defendants, with no transparency or oversight.

2

The settlement enables Trump to control the commission overseeing payouts, including the power to remove members without cause, creating a self-serving mechanism.

3

The fund is designed to dissolve before Trump leaves office, ensuring no future president can wield it—highlighting its purpose as a political tool, not justice.

4

Even if Democrats win in 2028, the path to major reforms like Supreme Court expansion or D.C. statehood is blocked by filibuster and lack of political power.

5

The hosts emphasize that building real political power is the prerequisite for any meaningful reform—fantasy politics won’t fix a broken system.

Chapters
0:00
4 min

Introducing the $1.7B Friends and Family Fund

President Donald Trump is expected to drop his $10 billion lawsuit, in exchange for the creation of a $1.7 billion fund to compensate allies who claim they were wrongfully targeted by the Biden administration.

Highlight
4:00
4 min

The Secret Commission and Its Power

Trump would have the authority to remove members of the commission running the fund without cause. And the commission would be under no obligation to disclose its procedures or decision-making process for awarding more than a billion dollars.

Highlight
8:00
4 min

Targeting January 6th Defendants and the Ethics Crisis

We're going to pay those people out with our taxpayer dollars. All of this at the same time. And this is the contrast that I it's not just that. Prices are going up for all Americans while they fraudulently steal tax dollars for their own pet stuff to bribe their friends or give out.

Highlight
12:00
4 min

The Illusion of Accountability and Legal Legitimacy

Despite the fund’s apparent legality, the hosts argue it’s a masterclass in institutional corruption—using legal loopholes to legitimize political revenge and self-enrichment.

16:00
4 min

The Road to Reform: Power Before Principles

The conversation shifts to long-term strategy: even if Democrats win in 2028, they lack the political power to enact major reforms like Supreme Court expansion or D.C. statehood without first winning the filibuster battle.

High-Impact Quotes
Trump would have the authority to remove members of the commission running the fund without cause. And the commission would be under no obligation to disclose its procedures or decision-making process for awarding more than a billion dollars.
Sarah Longwell3:41
Viral: 90.0
We're going to pay those people out with our taxpayer dollars. All of this at the same time. And this is the contrast that I it's not just that. Prices are going up for all Americans while they fraudulently steal tax dollars for their own pet stuff to bribe their friends or give out.
JVL7:20
Viral: 88.0
President Donald Trump is expected to drop his $10 billion lawsuit, in exchange for the creation of a $1.7 billion fund to compensate allies who claim they were wrongfully targeted by the Biden administration.
JVL3:58
Viral: 85.0
Speakers

Hosts

JVLSarah Longwell
Topics Discussed
Trump's Legal Settlement95%Taxpayer-Funded Slush Fund90%January 6th Capitol Attack Aftermath85%Institutional Accountability80%Democratic Political Strategy75%Supreme Court Reform70%Filibuster and Senate Power65%D.C. Statehood60%
People & Brands

Donald Trump

person

28xNegative

Sarah Longwell

person

25xPositive

JVL

person

22xPositive

January 6th Capitol Attack

other

12xNegative

Biden Administration

organization

10xNegative

Supreme Court

organization

8xNegative

Susan Collins

person

5xNegative

IRS

organization

5xNegative

D.C. Statehood

other

4xNeutral

Justice Department

organization

4xNegative

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