AP file photo

Top Trump administration officials will meet Friday to nail down ideas for executive actions President Trump can take to rein in rising drug prices — a way to try to fulfill a campaign promise without waiting on Congress.

Who will be there: It's being led by Office of Management and Budget director Mick Mulvaney, and will include Health and Human Services secretary Tom Price and National Economic Council director Gary Cohn, per a source familiar with the meeting. Andrew Bremberg, the director of the White House Domestic Policy Council, is also heavily involved in the effort.

Why it matters: Trump has been prodding his team for months to come up with actions he can take on his own. A strong set of executive actions could give him a chance to push a more populist health care agenda, and maybe even change the subject from the troubled Affordable Care Act repeal bill.

What he might do: A leading idea the officials are looking at, according to Bloomberg, would promote "value-based" drug pricing — in which insurers pay for drugs based on how well they work on specific diseases and patients.

Per a White House official: "Rising drug prices are a main concern for American consumers and an issue the President has been consistently vocal about addressing. The President and his team are committed to creating an environment that is conducive to innovation and improving patients health outcomes."

Go deeper

Biden releases 2019 tax returns ahead of debate

Photo: Alex Wong/Getty Images

Joe Biden's campaign released his 2019 tax returns on Tuesday, showing that he and his wife, Jill, paid nearly $300,000 in federal taxes last year.

Why it matters: The release, timed just hours before the first presidential debate, comes days after a bombshell New York Times report said that President Trump paid only $750 in federal taxes in 2016 and 2017. Biden's team is hoping to make the tax contrast a sticking point during their showdown.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 2:15 p.m. ET: 33,454,037 — Total deaths: 1,003,571 — Total recoveries: 23,204,219Map.
  2. U.S.: Total confirmed cases as of 2:15 p.m. ET: 7,165,067 — Total deaths: 205,476 — Total recoveries: 2,794,608 — Total tests: 102,342,416Map.
  3. Health: Americans won't take Trump's word on the vaccine, Axios-Ipsos poll finds.
  4. States: NYC's coronavirus positivity rate spikes to highest since June.
  5. Sports: Tennessee Titans close facility amid NFL's first coronavirus outbreak.
  6. World: U.K. beats previous record for new coronavirus cases.

NYC's coronavirus positivity rate spikes to highest since June

New York Mayor Bill de Blasio. Photo: Noam Galai/Getty Images

New York City's coronavirus positivity rate has ticked up to 3.25%, its highest since June, Mayor Bill de Blasio said at a news conference on Tuesday.

Why it matters: The jump — from 1.93% on Monday — came on the first day that public elementary classrooms reopened in the city after months of closures, but guidelines state that all public schools will have to shut if the citywide seven-day positivity rate stays above 3%.

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