Six Trump-linked firms deny involvement in controversial IRS immunity pact

A Senate inquiry led by Elizabeth Warren revealed that six firms linked to Donald Trump have publicly stated they are not covered by the IRS settlement that appears to grant sweeping immunity to Trump, his eldest sons and related parties. The companies—Kalshi, Polymarket, Trump Media and Technology Group, American Bitcoin, Powerus and Kaz Resources—assert no involvement in the deal. In contrast, five other entities, such as the Trump Organization and World Liberty Financial, have remained silent, raising suspicions of a potential “get-out-of-jail-free” use.

Republicans John Cornyn and Thom Tillis are demanding that the Justice Department narrow the agreement’s scope before they can support Attorney General nominee Todd Blanche, causing a delay in his confirmation vote. The immunity clause is said to bar the federal government from prosecuting or filing civil claims against Trump and affiliated individuals for past actions, a point contested by Blanche during his hearing. Meanwhile, lawmakers are also targeting a $1.776 billion “anti-weaponization” fund included in the settlement, seeking its rescission. The outcome will influence both the confirmation process and the broader debate over presidential tax immunity.