Nevada became the latest state to take on drug pricing when Gov. Brian Sandoval signed a bill that makes diabetes drugmakers disclose more information about why they raise prices, per Business Insider. The state is one of 23 to propose pricing legislation, a number that is rising as Congress keeps mum on the issue.

Why it matters: Americans pay more for prescription drugs than anyone in the world. Maryland was the first to tackle this issue at the state level, passing a law last month, and Nevada is next. Others will likely follow suit if Congress does not act.

The details: Nevada's new law tries to make drug pricing more transparent. Under new regulations, drugmakers will have to disclose production costs, and the middlemen who negotiate price rebates will have to do so in the open. The Nevada law focuses specifically on diabetes drugs, as insulin prices have shot up by 300 percent over the last decade.

Go deeper

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 12 a.m. ET: 33,282,969 — Total deaths: 1,000,867 — Total recoveries: 23,066,203Map.
  2. U.S.: Total confirmed cases as of 12 a.m. ET: 7,148,009 — Total deaths: 205,069 — Total recoveries: 2,794,608 — Total tests: 102,342,416Map.
  3. Business: Companies are still holding back earnings guidance.
  4. Health: Trump announces plan to distribute 150 million rapid tests —The childless vaccine.
  5. Media: Fauci: Some of what Fox News reports about COVID-19 is "outlandish"
  6. States: Cuomo extends New York moratorium on evictions until 2021.
  7. World: More than 1 million people have now died from coronavirus — India the second country after U.S. to hit 6 million cases.

Bob Woodward: "I was not going to hide" my opinion on Trump

Bob Woodward didn't want to join Senate Republicans in privately condemning President Trump but declining to do so publicly, he told Jonathan Swan in an interview for "Axios on HBO."

Why it matters: Woodward has covered 9 presidents, but Trump is the first that Woodward explicitly described as "the wrong man for the job."

Watch the full Jonathan Swan interview with Bob Woodward

In the latest episode of "Axios on HBO," Jonathan Swan interviews Bob Woodward about his new book, "Rage," which was based on 19 interviews with President Trump.