The Big Pharma Grift: How Trump Pocketed Millions While Seniors With Cancer Paid the Price What kind of person would force seniors to pay more for cancer treatment in order to enrich himself? It turns out, Trump would — and did. A new analysis by Democrats on the Joint Economic Committee shows how President Donald Trump dramatically increased his holdings in major pharmaceutical companies last year as his corrupt regime and Republican allies advanced policies that benefited the industry at the direct expense of seniors and other patients. The JEC analysis estimates that Trump's stock holdings in the pharmaceutical sector jumped from as much as $1.7 million in 2024 to as much as $56.2 million by the end of 2025. He held as much as $39.1 million in the same Big Pharma companies that directly benefited from carveouts in the One Big Beautiful Bill Act he signed last summer — provisions that expanded exemptions from Medicare drug price negotiations established under the Inflation Reduction Act. Those carveouts shield or delay negotiations on high-cost treatments, including Merck's blockbuster cancer drug Keytruda. In 2025, Merck reported $18.8 billion in U.S. revenues for Keytruda, helping the company net $22.5 billion in profits — a 16% increase from the prior year. The committee found Trump also made major purchases of stock in Johnson & Johnson, AbbVie, Pfizer, Amgen, and others, each of which had at least one drug that gained from the exemptions. Purchases of up to $2.55 million in shares of benefiting companies occurred on dates before he signed the law, including up to $950,000 on the day the Senate passed it. "Trump and congressional Republicans intentionally force seniors to pay more for cancer treatment so that Big Pharma can rake in more money that Trump can personally profit from," said Sen. Maggie Hassan, the JEC's ranking member. "It's outrageous and yet typical from this president, who makes the American people foot the bill again and again for his own gains." The JEC estimates the changes will cost some Medicare seniors thousands more out of pocket — roughly $5,200 more for Keytruda, $9,000 more for Adcetris, and far higher amounts for other affected drugs — while adding around $9 billion to the deficit. Companies whose drugs benefited reported at least $54 billion in relevant U.S. sales in 2025, up 13% from the year before. The pattern is clear on the numbers the Democrats have laid out from Trump's own financial disclosures and the law he signed: this is a gut-wrenching collision of corruption and cruelty. By using the power of the presidency to systematically gut Medicare price negotiations, Trump didn't just hand Big Pharma a multi-billion dollar protective shield — he personally bought into the scheme, loading his own portfolio with the very stocks set to skyrocket. This is a calculated, multi-million dollar betrayal that turns a profit directly off the suffering of seniors with cancer. While vulnerable grandparents are forced to scramble for thousands of dollars more out-of-pocket just to afford life-saving treatments like Keytruda, Trump's personal wealth swells on the back of their illness. It is a profound moral failure and an undeniable conflict of interest: a president legalizing the extortion of sick Americans to line his own pockets.

Trump's Beef Catastrophe: Incompetence, Blithering Idiocy, and Blatant Lies Have Obliterated America's Beef Industry In yet another humiliating display of incompetence, the authoritarian Trump regime has turned America's once-mighty beef industry into a national punchline. After months of touting "record" export numbers as proof that his chaotic trade policies were somehow working, the U.S. Department of Agriculture has been forced to admit it inflated beef export sales by a staggering 90 percent. According to a bombshell Reuters report, the USDA bragged in early July that U.S. exporters had sold more than 126,000 metric tons of beef to foreign buyers for a sales period ending in late June. The actual number? Just 12,000 metric tons. That's not a rounding error. That's a catastrophic fabrication that would embarrass a high-school bookkeeper. The fake numbers were so absurd they should have raised red flags immediately. The USDA claimed record sales of more than 38,000 metric tons to Chile and over 32,000 metric tons to Italy — countries that aren’t even major markets for American beef. Reality? A pathetic 367 tons to Chile and 350 tons to Italy. Fourteen other countries saw their numbers slashed as well. This isn't just bureaucratic sloppiness. This is the Trump regime's signature brand of hype, lies, spin, and propaganda colliding with economic reality — and the American cattle industry is paying the price. U.S. beef prices have hit record highs this year thanks to tight cattle supplies and strong domestic demand. Exports have been declining since 2022. Higher prices have priced American beef out of the global market, as commodity analyst Austin Schroeder bluntly told Reuters: "We're priced out of the world market to a certain extent. It wouldn't make a lot of sense for that big of an export number." Meanwhile, domestic supplies are so low the U.S. has had to ramp up beef imports. Earlier this year, a screwworm outbreak forced Texas to declare a state of disaster, further hammering producers already squeezed by Trump-era chaos. Instead of acknowledging the mess his administration created — from trade wars that disrupted markets to regulatory neglect that left ranchers vulnerable — Trump and his sycophants simply let the USDA pump out fantasy numbers and call it a win. This is the same pattern we've seen across the board: brag about successes that don't exist, then quietly revise the data when caught. Only this time it's not some abstract economic indicator. It's the backbone of rural America — cattle ranchers, feedlot operators, processors, and exporters — watching their industry get trashed by incompetence and covered up with lies. The revised numbers aren't just embarrassing, they're devastating. They confirm what ranchers have been screaming for months: America's beef sector is in serious trouble, and the people running the show are too busy tweeting victory to notice or care. The only question left is how many more "record" numbers will have to be walked back due to Trump being a serial lying sociopath who is too psychologically fragile to handle the truth.