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Why Trump Is Pushing Psychedelics To Treat Mental Illness

DeFi Daily News by DeFi Daily News
June 1, 2026
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The Trump administration is pushing to fast-track psychedelic drug approvals as his economic approval ratings hit record lows, marking a sharp reversal from his first term stance on drugs. Three companies, Compass Pathways, Transcend Therapeutics and Usona Institute received priority FDA review vouchers under the executive order. Scientists and veterans are divided on whether the move is driven by a genuine commitment to mental health or political calculation.

Chapters:
00:00 – 01:17 Introduction 
01:18 – 03:49 Chapter 1: Legitimizing a new wave of drugs
03:50 – 06:20 Chapter 2: Lead with science
06:21 – 09:44 Chapter 3: Political pressure

Reporting by: Brandon Gomez
Produced and Shot by: Ryan Baker
Edited by: Darren Geeter
Animation: Jason Reginato, Alisa Stern
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images, Healing Breakthrough, Marie Phelan, Juliana Mercer

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Why Trump Is Pushing Psychedelics To Treat Mental Illness

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Tags: Compass PathwaysDrug classificationshealth careillnessMDMA and ibogainemedicineMentalPsilocybinpsychedelic therapyPsychedelicsPTSDpushingRobert Kennedy Jr. Trump AdministrationTherapyTranscend Therapeutics and Usona InstituteTreatTrumpU.S. Food and Drug Administration
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