Washington, May 19 -- Rep. Mike Thompson issued the following press release:

Today, Rep. Mike Thompson (CA-04), Ranking Member of the House Ways and Means Subcommittee on Tax, announced legislation to prevent a sitting president from profiting from lawsuits against the United States government. The SLUSH FUND Act would tax the President's unethical $1.776 billion slush fund meant to benefit January 6th rioters and other MAGA enablers at 100 percent, rightfully returning taxpayers' money back to the people of the United States.

"This president continues to use the Office of the Presidency for personal gain, including by suing the federal government to line the pockets of January 6th insurrectionists who attacked law enforcement and tried ...