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Trump Administration Links COVID Vaccines to Child Deaths, Stocks Plunge

9/12/2025

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Story summary
  • Health officials from the Trump administration plan to connect COVID-19 vaccines to the deaths of 25 children, citing unverified reports from the Vaccine Adverse Event Reporting System (VAERS).
  • Following this report, shares of Pfizer and Moderna dropped significantly.
  • FDA Commissioner Marty Makary confirmed an investigation into these claims, lacking specific data.
  • Health and Human Services Secretary Robert F. Kennedy Jr. has reduced vaccine recommendations for healthy children and pregnant women.
  • The CDC states that VAERS data does not prove causality and needs further investigation.