Trump's $10B IRS Lawsuit: Settlement Talks Underway

0:00It's April 17th. This is Canada News today, your AI-powered local news. President Trump's lawyers are in talks with the IRS to settle a $10 billion lawsuit he filed against the agency for leaking his tax records to. News outlets from 2018 to 2020, in a federal court filing last Friday, the team asked for a 90-day pause to work toward a resolution, saying it would save time and help narrow. The issues without hurting either side. Trump kicked off the suit earlier this year in Florida federal court, claiming the leaks damaged his reputation, finances, and business standing, his. Suns, Donald Jr. and Eric joined as plaintiffs, too. Ethics experts and watchdog groups are raising red flags, pointing out the oddity of the president suing the government agency he oversees, with concerns over conflicts since he basically controls both sides through the Justice Department. Trump mentioned back in February that any winnings would go to charity, calling it a substantial amount for good causes, and now with settlement talks.

1:03Underway, we'll see if this wraps up smoothly or drags on.