
A federal judge ruled that Trump’s “bad faith” lawsuit against the IRS was legally improper, barring Trump or the government from citing the controversial settlement in any future regulatory or judicial proceedings. The decision increases legal uncertainty around the settlement’s use, though it is not directly tied to a specific company or market datapoint.
A federal judge ruled that Trump’s “bad faith” lawsuit against the IRS was legally improper, barring Trump or the government from citing the controversial settlement in any future regulatory or judicial proceedings. The decision increases legal uncertainty around the settlement’s use, though it is not directly tied to a specific company or market datapoint.
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mildly negative
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