US Bancorp Gets a Bump Up in Its 4Q 2017 Earnings By $910 Mil For the Tax Debt Forgiveness Granted It in the Trump Tax Bill ...................................................................................... So How Does US Bancorp React To This $910 Mil of Earnings Largesse From the Trump Tax Bill, Funded Completely By US Taxpayers? They Look For Offsets and Magically Discover Two: First, a $608 Mil Earnings Charge For Regulatory and Legal Matters, Similar To What Wells Fargo Did, and Second, a $152 million, Net of Tax, Earnings Charge For a Charitable Contribution to the U.S. Bank Foundation