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Trump's tobacco stock holdings and industry donations coincided with FDA's pro-tobacco regulatory shift

By

KFF

4h ago· 8 min readenNews

Summary

The article investigates how President Donald Trump's financial interests in tobacco stocks (up to $1.64 million in Philip Morris) and campaign donations from the tobacco industry coincided with his administration's pro-tobacco regulatory agenda at the FDA. Key actions included fast-tracking approval of nicotine pouches, easing regulations on flavored e-cigarettes, cutting anti-tobacco public health staff, and broadening enforcement against illicit e-cigarettes that competed with major industry players.

Key quotes

· 5 pulled
President Donald Trump, who once declared he had 'saved' flavored vapes, grew his stock holdings this year to as much as $1.64 million in tobacco giant Philip Morris.
Its FDA piloted a fast-track program to approve nicotine pouches.
It unveiled a program to allow vapes on the market more rapidly, despite resistance from career civil servants and leadership.
It cut public health employees focusing on anti-tobacco policy.
And it broadened enforcement against illicit e-cigarettes, competitors to the big industry players with a
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President Donald Trump, who once declared he had “saved” flavored vapes, grew his stock holdings this year to as much as $1.64 million in tobacco giant Philip Morris.

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