The Justice Department offered a $1.776 billion settlement after President Donald Trump dropped a $10 billion IRS lawsuit.

The move comes after Trump, his sons and family business sued the IRS for $10 billion for failing to properly oversee a contractor who leaked the tax returns of the president.

Trump administration officials on Monday confirmed reports that they’re setting up an “Anti-Weaponization Fund” to compensate people deemed to have endured “weaponization and lawfare,” with the $1.8 billion fund coming as part of a settlement agreement that ends President Donald Trump’s $10 billion lawsuit against the Internal Revenue Service over the leak of his tax returns.

The Justice Department announced that President Trump would be dropping his lawsuit against the Internal Revenue Service in "exchange" for the creation of an "anti-weaponization fund." NBC News' Monica Alba reports on the announcement and how the fund could be used.

The new fund could pay claims to the likes of Jan. 6 rioters and other purported victims of "lawfare" by previous administrations.

President Donald Trump and his family dropped a lawsuit May 18 seeking $10 billion from the IRS for not preventing the disclosure of his tax returns.

The Justice Department has announced a $1.7 billion compensation fund for Trump allies who believe they were wrongly prosecuted by the Biden administration

The Trump administration has announced the creation a $1.7 billion fund to compensate allies of the Republican president who believe they were mistreated by the Biden-era Justice Department