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Reports & Issue Briefs

The U.S. Congress Joint Economic Committee – Minority today released a new report that finds that President Trump and Congressional Republicans’ 2025 giveaway to pharmaceutical companies will cost seniors thousands more in out-of-pocket costs for key cancer treatment drugs. As Trump used the presidency to help pharmaceutical companies boost their own profits, the Committee also found that Trump increased his own stock holdings in these companies immensely.
As of September 2026, the average household in New Hampshire has had to pay an additional $5,900+ for goods and services due to rising costs under President Trump. Despite repeated pledges on the campaign trail that his administration would “end inflation” and bring down costs for families, Trump and Republicans in Congress have instead pushed prices even higher, including through Trump’s reckless tariffs and war in Iran.
U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee, today pressed Trump Mobile – the Trump family’s telecommunications venture – about major red flags with user data protection and the extent to which the company has met key consumer and national security requirements with the Federal Communications Commission (FCC). Ranking Member Hassan also raised serious concerns about how Trump Mobile and its partners, including Liberty Mobile Wireless, prevent scammers from abusing their services and its multiple data breaches – including a reported breach this month.
U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee and senior member of the Senate Homeland Security and Governmental Affairs Committee, today pressed the United States Secret Service for more information on the redirection of hundreds of millions in funds from the agency to White House construction projects. The Senator called for answers on how this has impacted operations, including security for the President and other protectees, and the agency’s anti-scam efforts. The White House has reportedly diverted more than $400 million in Secret Service funding to cover the costs of White House renovation projects – including President Trump’s new ballroom – despite the President’s claim that these projects would not be constructed with taxpayer money.
The U.S. Congress Joint Economic Committee - Minority issued a report today with new calculations that find that President Trump’s vanity projects – including construction of the new White House ballroom and the no-bid contract to paint the Lincoln Memorial Reflecting Pool, among others – are expected to cost more than $1.8 billion. Using this total, the Committee created an Interactive Cost Calculator where users can explore how this $1.8 billion could instead be spent to lower costs and help the American people.
U.S. Senator Maggie Hassan (D-NH), Ranking Member of the Joint Economic Committee, today called for Capital One to provide more information to Congress about the company’s decision to close multiple bank accounts connected to President Donald Trump for anti-money laundering reasons. As detailed in a court filing earlier this summer, the account closures stemmed from an internal Capital One investigation that identified “suspicious transactions” in line with “Money Laundering and Terrorist Financing ‘Red Flags.’” This comes amidst current and long-standing money laundering issues connected to Trump: For instance, Trump recently pardoned a former CEO – who had been convicted of enabling money laundering that funneled funds to terrorists and sex traffickers – who has been crucial to the success of the Trump family’s World Liberty Financial crypto business.