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April 18, 2026

Trump signs executive order to expedite review of psychedelics for mental health disorders

  • President Donald Trump signed an executive order to fast-track the FDA's review of psychedelics, including ibogaine and psilocybin, to treat mental health conditions like PTSD, depression, and anxiety.
  • The order allocates $50 million in federal funds to improve access to these substances, marking a significant shift in their regulatory status.
  • Next week, the FDA will issue national priority vouchers for three psychedelics, enabling rapid approval processes for their use.