Trump drug pricing plan

Nancy Pelosi's drug bill may not be dead yet

House Majority Leader Nancy Pelosi
Photo: Chip Somodevilla/Getty Images

House Speaker Nancy Pelosi released an aggressive proposal to rein in drug prices yesterday, and in a now-familiar fashion, Senate Majority Leader Mitch McConnell said he hated it while President Trump kept the door open.

What they're saying: "I like Sen. Grassley's drug pricing bill very much, and it's great to see Speaker Pelosi's bill today," Trump tweeted.

Trump's next move on lowering drug prices

President Donald Trump
Phot: Chip Somodevilla/Getty Images

The White House is preparing another big executive order on drug prices, Reuters scooped last night.

The big picture: Citing industry sources who had discussed the plan with the administration, Reuters says that it would likely seek to lower prices in Medicare Part D, which covers drugs you pick up at the pharmacy counter. The administration's most sweeping proposal to date — to piggyback off of the lower prices in European countries — was limited to Part B, which covers drugs administered by a doctor.