The Daily Brief - May 13, 2026

Possible settlement for Trump’s lawsuit against the IRS, China discusses covert weapons sale to Iran, Warsh confirmed as Fed chair, and more

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Justice Dept. Considering Settling Trump’s Suit Against IRS

The Justice Department is weighing whether to settle a $10 billion lawsuit President Trump filed against the IRS in January over the leak of his tax records. Trump, his sons Donald Jr. and Eric, and th…