Trump's Major Deal with Pfizer, GOP vs Dems on Crime, YouTube Settles with Trump： AM Update 10⧸1
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Summary
Trump announces a new deal with a surprising partner, Pfizer, in an attempt to lower prescription drug prices, though not everyone is ready to make nice with the controversial COVID vaccine manufacturer. Republicans and Democrats clash in a lively hearing on fighting crime, and YouTube agrees to a pricey settlement with President Trump over his 2021 suspension. All that and more coming up in just a moment on your AM Update.
Transcript
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Good morning, everyone. I'm Megan Kelly. It's Wednesday, October 1st, 2025. This is your AM
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Update. For many years, Americans have paid the highest prices anywhere in the world for
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prescription drugs. It's being changed as of today. President Trump announces a new deal
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with a surprising partner, Pfizer, in an attempt to lower prescription drug prices,
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though not everyone is ready to make nice with the controversial COVID-vax manufacturer.
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You say don't fund the police, but do fund programs that create safe spaces for two-spirit people.
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Republicans and Democrats clash in a lively hearing on fighting crime. And YouTube agrees
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to a pricey settlement with President Trump over his 2021 suspension. All that and more
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President Trump on Tuesday announcing two new developments in the drive to lower prescription
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drug prices for Americans, a new direct-to-consumer website for discounted medicines, and a multi-pronged
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deal with Pfizer, slashing prices on most of its products. More on the sudden coziness with the
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much-criticized Pfizer in just a moment, but first, the details of the announcement.
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The new website, TrumpRx, set to launch in early 2026. It will allow consumers to pay cash for
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prescription drugs from the government website. Pfizer agreeing to sell some of its products
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on-site at the discounted rates, including an arthritis drug at a 40% cut, a migraine medication
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for 50% less, and an osteoporosis drug reduced by 85%. In terms of the broader Pfizer deal,
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most of its products will be offered to Medicaid at most favored nation prices, meaning Americans pay
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no more than the lowest price paid by other developed countries. And the company will invest
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$70 billion in U.S. manufacturing and research. Pfizer is the first drug company to agree to all
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of the demands set out by the Trump administration in a July letter aimed at lowering prices. At the
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time, many analysts said it was unlikely to happen. Mr. Trump from The Oval. For many years,
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Americans have paid the highest prices anywhere in the world for prescription drugs. A major reason
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is that the American consumers have been subsidizing research and development costs for the entire
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planet. They put all of that on us, and yet they were the beneficiaries. So it's being changed as
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of today. The United States had just 4% of the world's population and consumers. Only 13% of all
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prescription drugs, yet pharmaceutical companies make 75% of their profits from the United States.
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Now, Pfizer describes the deal as a voluntary agreement to help American consumers. But it raises
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an obvious question. Why would a drug giant suddenly slash prices in its most profitable market?
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Well, Pfizer has secured a three-year grace period from President Trump's tariffs on pharmaceuticals.
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Starting today, the U.S. is imposing a 100% tariff on branded and patented pharma products unless the drug
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company is currently building a manufacturing plant within the United States. President Trump saying deals
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with other drug companies are in the works, specifically mentioning Eli Lilly, one of the
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largest drug companies in the world. Pfizer's willingness to be the first to step forward is
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of note given the negative reputation the company has among many conservatives, including some top-ranking
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White House officials surrounding its lack of transparency on the potential harmful side effects of its COVID
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vaccine. For years, Pfizer has been hammered for how it marketed its COVID shot, downplaying serious side
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effects like myocarditis, especially among young males, and failing to be up front with the public as
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the risks later emerged. White House Senior Counselor for Trade and Manufacturing Peter Navarro on the
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Patrick Bet David podcast in 2023 saying the dishonesty surrounding COVID from Pfizer hampered the early
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If he had simply owned up to the fact that that thing came from the lab, we could have pressured the Chinese to give us
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the genome sequence, which would have allowed us to design an effective vaccine rather than the crap we wound up
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getting. And again, Trump got lied to about that, not just by Fauci, but by Pfizer, the drug company.
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They didn't disclose the side effects of that. And they weren't clear with him. They made him
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think that it was a true vaccine when it's not. It's mRNA technology.
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President Trump on Monday praising Pfizer CEO Albert Bourla, saying he did a, quote,
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fantastic job with COVID and a lot of things. Outkick writer Ian Miller posting to X, quote,
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Albert Bourla once posted that Pfizer's vaccine was 100% effective in stopping COVID transmission,
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which was demonstrably false and helped pave the way for vaccine passports and mandates.
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I do not think he did a fantastic job. Founder of Americans for Health Freedom, Dr. Mary Talley
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Bowden posting to X, quote, what an effing slap in the face to all of the people injured and killed by
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Pfizer, really heartless and disrespectful. Hundreds of smaller accounts posting similar reactions.
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Dr. Martin Kulldorff, a leading expert in vaccine safety and co-author of the Great Barrington
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Declaration, along with now NIH director Dr. Jay Bhattacharya, is now chair of the Advisory Committee
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on Immunization Practices. He says the lack of transparency by Pfizer continues to this day.
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Dr. Kulldorff posting Monday on X, quote, in a randomized trial of their COVID vaccine,
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Pfizer found birth defects in eight babies to 156 vaccinated pregnant mothers and in two babies
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to 159 unvaccinated mothers. When asked at the advisory committee meeting, Pfizer did not explain.
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HHS Secretary Robert F. Kennedy Jr. yesterday not offering direct praise of Pfizer, but championing
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President Trump's work to lower drug costs, something Democrats have been arguing in favor of
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for years. However, here is how the secretary described Pfizer and other vaccine companies
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in a 2020 episode of Mike Tyson's Hot Boxing podcast.
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The thing that people have to understand is that the four companies that make all 72 of those vaccines,
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which is Pfizer, Plaxom, Merck, and Sanofi, all of those companies are convicted felons.
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And not only that, they're serial felons. Their business model is committing felonies. These companies
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in the last 10 years collectively have paid $35 billion in penalties, damages, fines for falsifying science,
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defrauding regulators, lying to doctors, and for killing hundreds of thousands of people.
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It requires kind of a cognitive dissonance to believe that these companies that are lying and
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cheating on every other pharmaceutical product, every other medical device that they create,
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are somehow found Jesus with vaccines and aren't lying to us.
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Coming up, Republican and Democratic differences on crime-fighting strategies come to a head
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in a Senate Judiciary Committee. And YouTube becomes yet another big tech company to agree
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to a settlement with President Trump over its decision in 2021 to suspend his account.
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GOP and Dem senators sparring yesterday at a Judiciary Committee hearing titled, quote,
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Blue City Chaos and Tragedy, How the Trump Administration is Addressing the Human Cost of
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Soft on Crime Policies. The hearing comes as President Trump surges federal agents across the
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most crime-plagued U.S. cities and has spent weeks politely suggesting Democrat governors like
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J.B. Pritzker of Illinois request National Guard assistance in their states. The GOP pointing to the
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success of President Trump's D.C. crime crackdown as a model to rapidly clean up city streets.
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In a matter of weeks, the D.C. murder rate reduced by 53%, robberies dropping 57%, carjacking falling
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by 75%. That's according to the Senate Judiciary Committee. Democrats often arguing that red states
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actually suffer from the most violent crime, Senator Chuck Grassley of Iowa, a Republican,
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putting those statistics into context. Democrats missed a key data point when they assert that the
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most violent cities are in red states. Almost all of those cities are run by Democrat mayors.
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Axio reports that of the 20 cities with more than 100,000 residents and the highest murder rate,
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19 have a Democrat mayor. President Trump is willing to work with these mayors,
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but they keep turning down the offer for help despite the fact that President Trump's efforts
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are working in places like D.C. and Memphis. Democrat Senator from New Jersey, Cory Booker,
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in his typical dramatic fashion, accusing Republicans of deepening political divides
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for pointing out that Democrat cities often experience much higher crime rates.
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Dear God, we continue in this nation to deepen partisan divide and to undermine the truth that
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we share common cause, common purpose, and even common sense. And now I'm sitting in a hearing
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that somehow wants to pit red against blue as if they're not Republicans and Democrats that live
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in every county and every state. And all of us want the same thing, which is lower crime in our
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communities. This committee right now is having a hearing that is not about finding common ground
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and working to find solutions, but driving a false divide based upon a false pretext that somehow
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places that vote for one party over another are more dangerous. And that's just not true.
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Democratic Senator Dick Durbin of Illinois attempting to score points against the Trump
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administration's pardon of January 6th rioters with D.C. police union head Greg Pemberton.
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So what was your reaction when President Donald Trump gave a full and unconditional pardon
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to 1,500 individuals who had been prosecuted for violence against police officers?
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Well, it's frustrating to see that. But what I point to is since that day, since January 7th,
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2021 through today, we've had 1,537 officers injured where someone has assaulted a police officer.
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And 95% of those cases have been no papered by the U.S. Attorney's Office. So yes, it's frustrating
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to have officers who are assaulted. But the vast majority of those people that assaulted officers
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that day were arrested and charged and many of them convicted.
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And should they be full and unconditionally pardoned?
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My frustration, Senator, is that no one seems to care about police officers who were assaulted
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after that day or before that day. It seems like people only care about police officers who were
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assaulted on that day in the calendar. Police officers are assaulted all the time.
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No one seems to care about it. And that's our frustration.
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Senator Josh Hawley, Republican from Missouri, challenging former Biden Deputy Director of Gun Violence
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Prevention, Gregory Jackson Jr., about a report he authored for the Community Justice Action Fund
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This is so typical of what the Democrats do now after your policies have transparently failed and
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led to the deaths of millions of Americans. Now you say you've never heard of defunding the police.
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Your own report recommends it on page after page after page.
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Instead of funding the police, here's what we ought to invest in. We need to invest in programs that
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acknowledge the need for safe space initiatives led by lesbian, gay, bisexual, two-spirit,
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trans, and gender non-conforming people. What's two-spirit?
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Well, look, I don't know exactly. You guys are pulling some interesting quotes here.
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What is two-spirit? You say, don't fund the police, but do fund programs that create safe
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spaces for two-spirit people. What is, what is, I just want to know. I don't know what that is.
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Well, I, I, honestly, I'm not, uh, completely aware of the language or the spirit of how that
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YouTube agreeing on Monday to settle President Trump's 2021 lawsuit over his account's
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suspension for a cool 24.5 mil. Trump alleging in his lawsuit that YouTube,
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which is a private company, violated the First Amendment, which doesn't apply to private
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companies, when it prevented him from posting new videos on the platform in the aftermath of
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the Capitol riot on January 6th, 2021. The streaming platform, now the third big tech company to settle
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with the president since the beginning of his second administration. In total, Mr. Trump racking up
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nearly 60 million bucks from Meta, X, and now YouTube. The lawsuits each filed after President
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Trump left the White House in 2021. The Wall Street Journal reporting 22 million of this settlement
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will go to the trust for the National Mall to build the new White House ballroom, which is expected to
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cost 200 million. YouTube originally justifying the ban, saying Mr. Trump's account violated
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policies against inciting violence in the aftermath of the January 6th rioting. YouTube reinstating the
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channel in March of 2023. The platform releasing a statement at the time, quote,
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we carefully evaluated the continued risk of real world violence while balancing the chance for voters
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to hear equally from major national candidates in the run-up to an election. The settlement coming
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after a federal judge in April ruled that YouTube's parent company, Google, had illegally monopolized
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online advertising technology. Mr. Trump's DOJ is now seeking to force Google to sell off part of its
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online advertising business. President Trump celebrating news of the settlement, sharing a
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meme on social media depicting a sheepish-looking tech executive handing over a large check for 24.5
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million on the White House lawn. And that'll do it for your AM update. I'm Megyn Kelly. Join me back
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here for The Megyn Kelly Show, live on SiriusXM Triumph Channel 111 at noon east,
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on youtube.com slash Megyn Kelly, and on all podcast platforms.