The $43B Big Pharma Story is Starting Over-With a New Player

Big Pharma once paid $43B for a small biotech with a similar platform. Now, a new company is following that same playbook, leveraging its patented delivery technology to attract partnerships and near-term revenue potential.

Trump Hosts 'Great Gatsby' Halloween Bash on Eve of SNAP Crisis

Bibhu Pattnaik
November 01, 2025

In the midst of a crisis concerning Supplemental Nutrition Assistance Program (SNAP) funding, President Donald Trump held a “Great Gatsby”-themed Halloween celebration at his Mar-a-Lago resort.

The event took place just a few hours before the expiration of federal food assistance, affecting millions of low-income Americans.

The party coincided with the 31st day of the government shutdown, which commenced on October 1 following the Senate’s failure to approve a Republican-proposed funding bill.

The Democrats have made it clear that they will not endorse any funding bill that does not include an extension of healthcare premium subsidies under the Affordable Care Act, due to expire at year’s end.

Trump, who has been overseeing renovations at the White House, including a $300 million revamp of the East Wing, responded on Truth Social, indicating that he would adhere to the judges’ directives, provided they guide his administration on the next steps.

Also Read: Shutdown Gift of $130 Million For Military Sparks Legal Questions, Trump Says Donor Is a ‘Friend’

In addition, beneficiaries of Supplemental Nutrition Assistance Program SNAP assistance were bracing for a lapse in their benefits on Saturday, November 1, reports Mediaite.

The U.S. Department of Agriculture, responsible for SNAP, declared that funding would be exhausted on that date. However, two federal judges directed the Trump administration to utilize contingency funds to maintain SNAP.

Why It Matters: The timing of the party, amidst a potential food assistance funding crisis, could potentially impact public perception of the Trump administration.

The ongoing government shutdown, coupled with the impending expiration of healthcare premium subsidies and SNAP benefits, paints a picture of a government in crisis.

The administration’s response to these issues, as well as the outcome of the funding bill, could have significant implications for millions of Americans.

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Airline Workers Rally To Support Air Traffic Controllers Amid Shutdown: ';We Just Need Government To Rally Around Us, Too'

Image: Shutterstock/Stock Holm

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