President Donald Trump increased his tobacco stock holdings to as much as $1.64 million in Philip Morris this year, while tobacco interests donated millions to his super PAC and inauguration. The Trump administration pursued a pro-tobacco agenda, including FDA guidance that eased regulations for vapes and nicotine pouches, which critics say ignored scientific evidence.
- Trump's financial disclosures show stock purchases in Philip Morris and Altria, with an apparent discrepancy in reported holdings. - Tobacco companies donated over $20 million to MAGA Inc.
since late 2023 and nearly $4 million to Trump's inauguration. - The FDA issued guidance in May allowing vapes and nicotine pouches to be marketed while awaiting approval, drawing condemnation from public health leaders.
- The administration also withdrew a menthol cigarette ban proposal and cut public health tobacco control staff. The White House defended the policies as based on science, but critics argue they prioritize industry profits over public health.