Trump moves to dismiss $10B suit against the Internal Revenue Service over leak of tax returns

President Donald Trump on Monday moved to withdraw his $10 billion lawsuit against the Internal Revenue Service over the leak of his tax returns amid reports that his administration was poised to create a fund to compensate some of his allies.

The disclosure was made in a filing in federal court in Florida, where the lawsuit was filed last year.

ABC News first reported last week that Trump was prepared to drop his lawsuit as part of a deal that would create a $1.7 billion fund to pay allies of the president who believe they were wrongly investigated and prosecuted...