December 21, 2025 · Economy, Trade & Fiscal Policy

Confirmed

Trump Announces Most-Favored-Nation Drug Pricing Deals With Nine Pharmaceutical Companies

On December 19, 2025, Trump announced pricing agreements with nine major pharmaceutical companies, including Amgen, Bristol Myers Squibb, Merck, GSK, Novartis, and Sanofi, tying U.S. prices for certain drugs to the...

July 4, 2025 · Economy, Trade & Fiscal Policy

Confirmed

One Big Beautiful Bill Pairs Large Tax Cuts with Safety-Net Reductions

Trump signed a major tax-and-spending law, sometimes referred to as the "One Big Beautiful Bill," which extended existing tax cuts, increased immigration-enforcement and defense funding, and reduced projected spending on...