Private Equity
Andrea Alms Video: Money In Motion 142 - 2025 Whitehouse Stops All Communication With HHS, FDA, CDC
February 2025 - Private Equity
TRANSCRIPT Hello, my name is Andrea Alms. I'm a technology investor and financial manager and this is your money in motion. The US Department of Health and Human Services, HHS, has announced an immediate pause on public communications from federal agencies. The pause ordered by the Trump administration is expected to be temporary, as a new administration aligns with federal agencies like CDC, FDA, and NIH. While some experts have expressed concern over the pause, the HHS insists that exceptions will be made regarding critical matters, preserving public health. According to the Associated Press, the pause will continue until political appointees approve agency communications. The Washington Post was the first to report on the pots. But what does this mean? The federal health agencies like the center for Disease and Control, CDC, and the Food and Drug Administration FDA are essential for keeping public aware of health issues from rising respiratory virus cases to bans on harmful food additives.
The pause in communication appears to have shut down operations across several domains, including in grant reviews, in council meetings, where decisions on which grant to fund based on peer review and scores are made. Agencies like CDC, NIH, and FDA help safeguard the U.S. population against outbreak epidemics, food illnesses, and the research cures for diseases. The white House memo to federal agencies, staff leaders that exceptions will be made for communications impacting critical health, safety, environmental, financial and security. National security functions. For instance, the FDA's ongoing list of recalls remain current as of Wednesday, and a public notice about a black box warning. Trusted source for a drug was recently posted. Still, these exceptions could still be subject to further scrutiny, leaving many health experts and consumer advocates concerned about public safety. But what about the money? NIH alone has about $47 billion budget. NIH funding generates about 92.89 billion in economic activity. Now, NIH can't talk to any of the grantees, which include biotech, pharma and research institutes. Thank you. This is your money, your money in motion.