The latest hidden camera footage released by Project Veritas shows FDA Executive Officer Chris Cole detailing the extremely lucrative financial partnership between the federal agency and Big Pharma companies.

Cole explains that as the corporations give the FDA more money, it increases their chances of receiving approval on new drugs and medicines.

In total, Cole says, “There’s almost a billion dollars a year going into FDA’s budget from the people we regulate,” and even claims the agency is “dependent on the drug companies and the vaccine companies.”

“The drug companies, the food companies, the vaccine companies, they pay us hundreds of millions of dollars a year to hire and keep the reviewers to approve their products,” he notes.

For example, Cole mentions the financial incentive for Pfizer and others to promote more vaccinations so that it will be a recurring fountain of revenue.

“If they can get every person required at an annual vaccine, that is a recurring return of money going into their company,” he tells the Veritas journalist.

Essentially, the federal government’s desperate attempts to get every American jabbed are being done to line the pockets of one of its largest donors, Big Pharma.

After being asked about what happens to government officials who try to speak out about blatant corruption they witness, Cole says those individuals would be “marked” and would not be able to “get to certain levels in government.”

The FDA has already tried to distance itself from this explosive undercover footage and from Cole.

According to Project Veritas, “A spokesperson for FDA issued a statement yesterday saying, ‘The person purportedly in the video does not work on vaccine matters and does not represent the views of the FDA.’

“This statement appears to contradict a phone call released Wednesday afternoon by Project Veritas wherein Cole reiterated, during the conversation with Project Veritas Founder and CEO, James O’Keefe, that he is ‘a manager in the office that helps oversee the approval of the COVID vaccines for emergency approval.’”

In the first video featuring Cole that the outlet released, the FDA Executive Officer said Joe Biden wants to innoculate as many people as possible.

Watch Part 1 of the Project Veritas FDA exposé below: