Democrat seeks to codify Trump’s executive order to reduce drug prices

Democratic Representative Ro Khanna has introduced legislation in Congress to codify President Donald Trump's executive order aimed at reducing drug prices. Khanna stated that Americans should not be paying more for medications than individuals in other developed nations. The proposed legislation seeks to implement the "most favored nation" status for drug pricing, which would pressure pharmaceutical companies to offer drugs at lower prices in the U.S. Trump's original executive order aimed to prevent foreign countries from benefiting from lower drug costs while Americans pay significantly more. Khanna emphasized the need for legislation because he anticipates that "Big Pharma" will challenge the executive order in court, as they did previously, potentially rendering it ineffective. He urged Republicans to support his bill, highlighting his own bipartisan approach in supporting the president's directive. Khanna framed the upcoming co-sponsorships as a choice between supporting the pharmaceutical industry's lobbying efforts or advocating for the American people. The specifics of Khanna's bill have not yet been fully disclosed.