Nvidia Boosted, Hospitals Hit: Congress 2025 Winners and Losers

December 22, 2025, 12:00 PM UTC

The Republican-controlled Congress has been very good to most of corporate America this year. Foremost among the boons is a $4 trillion tax cut package that extended and added generous breaks for businesses large and small.

But it hasn’t been all good news for US companies and some industries have benefited more than others. The legislative branch’s acquiescence to Donald Trump’s sharp tariff increases raised input costs across the economy and provoked retaliatory moves against US farm exports.

The health-care sector, renewable energy companies and Las Vegas’s casinos have taken legislative hits while chipmakers, drug companies and private equity ...

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