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Welch, Wyden, Schumer, Lujan Introduce Bipartisan Bill to Block Trump from Receiving Any Federal Lawsuit Settlement
February 12, 2026
WASHINGTON, Feb. 12 -- Sen. Peter Welch, D-Vermont, issued the following news release:

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Welch, Wyden, Schumer, Lujan Introduce Bipartisan Bill to Block Trump from Receiving Any Federal Lawsuit Settlement

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Trump recently sued IRS and Treasury for $10 billion over the leak of his tax returns during his first term

New bill would impose a 100% tax on any settlement

WASHINGTON, D.C. - U.S. Senator Peter Welch (D-Vt. . . .

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