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Floor Speech

Date: Aug. 3, 2026
Location: Washington, DC

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Mr. SCHUMER. Mr. President, well, make no mistake, Todd Blanche has no intention of stopping Trump's corruption. He has spent his career enabling it.

Instead of seeing Todd Blanche's so-called deal for the sham that it is, Senate Republicans are, once again, taking Trump's personal attorney at his word. All Blanche's deal does is accept the reality that Trump's MAGA slush fund is never getting through the courts. Blanche's so-called deal does nothing--nothing--to stop the IRS sweetheart deal that lets Trump and his family cheat their way out of tens of millions of dollars in taxes.

Let me repeat that. Blanche is still perfectly fine with giving Trump a permission slip to commit tax fraud to the tune of tens of millions of dollars.

Is the Senate GOP willing to go along with Trump's tax fraud? Blanche certainly is.

Senate Republicans keep pretending that Blanche made real concessions on the slush fund. The truth is he just gave up a fight he had already lost in court.

And there is no guardrail preventing Trump and Blanche from using taxpayer dollars to give cash payouts to violent January 6 insurrectionists, MAGA billionaires, and the Trump family.

Trump won't even hide his intention to resurrect his MAGA cash rewards program. Just last night, Trump said: ``A lot of people like'' the slush fund. Those were his words. He said it. He said it ``would be a reimbursement for the pain that'' January 6 insurrectionists ``suffered.''

Where is the reimbursement for the economic pain Trump has inflicted on the American people with his rampant corruption and his disastrous agenda?

No one wants this slush fund, other than Trump and his cronies. There has never been a more clear-cut case of self-dealing in American history. Trump sued himself, settled with himself, and then gave himself tax immunity for life and $2 billion to either pocket--in his own pocket--from the Federal Treasury or pass out to bad people, all at the taxpayers' expense.

Senate Republicans, if you truly care about ending this corruption, then work with us to ban it by law. Don't put the architect of Trump's grifts in charge of the Department of Justice.

(The remarks of Mr. SCHUMER pertaining to the introduction of S. 5212 are printed in today's Record under ``Statements on Introduced Bills and Joint Resolutions.'')

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