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Wednesday, 20 May 2026

IRS pledges not to audit its boss

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Also: Trump aims to stop tracking corporate diversity ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed May 20 2026

 

Daniel de Visé Personal Finance Reporter

Good morning! It’s Daniel de Visé with your Daily Money.

If you are following the extraordinary lawsuit between President Donald Trump and the Internal Revenue Service that reports to him. . . here's an update.

Earlier, the Justice Department settled with its boss, creating a $1.8 billion fund to benefit his political allies. Now, Justice has tossed in a guarantee that the IRS will no longer dig into his taxes.

Trump aims to stop tracking corporate diversity

How diverse is corporate America? For decades, Jessica Guynn reports, it has been the federal government’s job to keep track.

Your HSA may be a ticking tax bomb

Health savings accounts carry a "triple" tax advantage, Medora Lee reports, which makes them one of the most powerful savings vehicles for old age.

But they can also be a ticking tax bomb for your heirs.

📰 More stories you shouldn't miss 📰

Is the Boeing 737 Max safe? We gave it a test run.
$32,970 for a World Cup ticket? Fans aren't fond of FIFA prices.
Finally, a product for those who need 48 ounces of iced coffee
More Americans tap emergency savings for transportation costs
Here's how consumers are avoiding higher ACA insurance bills

Daniel de Visé covers personal finance for USA TODAY. The Daily Money breaks down complex consumer and financial news. Subscribe here.

U.S. President Donald Trump speaks to the press aboard Air Force One enroute to the U.S. following his official visit with President Xi Jinping in China, May 15, 2026.

President Donald Trump has been feuding with the IRS for many years over audits into whether he and his business empire paid enough taxes.

President Donald Trump points as he delivers remarks about health care costs at the White House.
 

Trump wants to stop tracking job data by race and sex. This is why.

After nearly six decades, the Trump EEOC wants to stop tracking race and gender workplace data credited with helping fight on-the-job discrimination.

A large pile of hundred dollar bills.
 

Your HSA may be a ticking tax bomb for certain heirs. How to defuse it

Health savings accounts offer a triple tax advantage, but they can become a tax bomb for non-spouse heirs.

The United States will host some World Cup matches for the first time since 1994.
 

$32,970 tickets? Inside FIFA's 'dynamic pricing' debacle

Will the 2026 World Cup be the greatest soccer tournament in history, or just the most expensive?

Dunkin' is launching a limited run of 48-ounce drink buckets nationwide.
 

Dunkin' launches 48-ounce beverage buckets. How to purchase one

Dunkin' fans can add a new item to their bucket list. Here's how to get your own 48-ounce beverage bucket from the popular chain.

The Boeing 737 Max is a safe plane. I'm happy to fly on it.
 

Is the Boeing 737 Max safe? My flight to Scotland answered that.

After two fatal crashes and years of scrutiny, the Boeing 737 MAX has become a routine and safe aircraft to fly.

The cost of gas, diesel fuel, and automotive parts are surging as the Iran war drags on.
 

Americans reach for emergency savings to cover transportation costs

As transportation costs surge, aggravated by the Iran war, Americans are increasingly tapping emergency savings to cover day-to-day necessities.

A sign points the way during an Affordable Care Act sign-up event at Westside Family Healthcare's location in the Fox Run Shopping Center in Bear in 2014.

636410933476094107 Obamacare
 

People are using this tactic to afford rising ACA insurance bills

Obamacare insurance deductibles have soared more than $1,000 as many consumers switch to less expensive plans that charge higher deductibles.

Shop the 2026 REI Anniversary Sale May 15–25 with up to 25% off top outdoor brands, REI Co-op member‑only deals and summer doorbusters.
 

15 best Memorial Day deals, according to our readers

From backyard essentials to outdoor gear, shop the top Memorial Day discounts for summer from REI, Amazon, Saatva, Lowe's and more.

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