Verified source report

Trump, who claimed he "wasn't involved" in $1.7B fund, now says he allowed it

President Trump on Friday defended the Justice Department's $1.7 billion "anti-weaponization" fund and said he "gave up a lot of money" by allowing its creation.

Illustrated technology, science, and innovation source file

What happened

According to CBS News’s source item, Trump, who claimed he “wasn’t involved” in $1.7B fund, now says he allowed it, President Trump on Friday defended the Justice Department’s $1.7 billion “anti-weaponization” fund and said he “gave up a lot of money” by allowing its creation.

Context

The development sits in VINI’s Technology file for readers following technology, science, product policy, markets, infrastructure, and the public consequences of innovation. The original report is linked so readers can check the source account, follow later updates, and compare new coverage against the first published record. The source item is dated 2026-05-22T16:11:20+00:00.

What to watch

Open questions include whether primary sources issue follow-up statements, whether local or market impacts become clearer, and whether additional reporting changes the timeline or adds material context.

Source

Primary source: Trump, who claimed he “wasn’t involved” in $1.7B fund, now says he allowed it via CBS News. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.

This source-cited VINI report links to the original publisher record. VINI does not republish third-party article bodies without rights clearance. 1 source listed.

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