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Shelby Talcott

๐Ÿ‘ค Speaker
80 total appearances

Appearances Over Time

Podcast Appearances

Today, Explained
Trump enters his flop era

Yeah, so this all started back in January when the president filed a lawsuit against the IRS.

Today, Explained
Trump enters his flop era

He was seeking, I think it was $10 billion in damages over the disclosure of his tax returns.

Today, Explained
Trump enters his flop era

He had also filed a few other claims.

Today, Explained
Trump enters his flop era

And so this was essentially the culmination of that because the Justice Department decided, well, we don't really want to defend the government.

Today, Explained
Trump enters his flop era

So instead, we're going to work with the president's

Today, Explained
Trump enters his flop era

personal lawyers to sort of come to an agreement.

Today, Explained
Trump enters his flop era

And this slush fund, if you will, was the culmination of those lawsuits and what came from those conversations.

Today, Explained
Trump enters his flop era

Well, I think that he decided that this deal where, you know, you have a huge amount of money that is going to go to people who argue that they've been, you know, politically persecuted by the government is a good deal.

Today, Explained
Trump enters his flop era

Because remember, that is exactly what he believes as well.

Today, Explained
Trump enters his flop era

After he lost the 2020 election, he had a number of lawsuits.

Today, Explained
Trump enters his flop era

He has not stopped talking since then that those were persecutions by the prior administration.

Today, Explained
Trump enters his flop era

So for him, this sort of agreement is personal in a way, I think.

Today, Explained
Trump enters his flop era

It was essentially taxpayer funded fund.

Today, Explained
Trump enters his flop era

And it was supposed to come from this account that was going to be overseen by a board of five people.

Today, Explained
Trump enters his flop era

This board of five people were going to decide who had been politically persecuted by the government.

Today, Explained
Trump enters his flop era

And then there would be payouts.

Today, Explained
Trump enters his flop era

Yeah, so I think it was the idea of his legal team, of everybody involved.

Today, Explained
Trump enters his flop era

The president obviously signed off on it.

Today, Explained
Trump enters his flop era

But it was a really unusual situation because, as you said, there were not really many guardrails about who could theoretically benefit from this fund.

Today, Explained
Trump enters his flop era

And they wouldn't necessarily rule that out.

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