President Trump Puts The Pressure On Big Pharma

The Fox News Rundown

FOX News Radio

Politics, Daily News, News

3.4 • 1.5K Ratings

🗓️ 13 May 2025

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

On Monday, President Trump signed an executive order implementing a new prescription drug policy that he suggested could cut drug prices by 59 percent. At the signing, he emphasized the U.S. "will no longer tolerate profiteering and price gouging from Big Pharma." The government discovered this in 2022 per an HHS report, where researchers found that U.S. pharmaceutical companies typically charge two to three times more for prescription drugs than other developed nations. Food & Drug Administration Commissioner Dr. Marty Makary joins the Rundown to explain how the President's "most favored nation" drug pricing plan works and shares their "carrot and stick" approach to getting Big Pharma to cooperate on fair prices. Georgia lawmakers are already strategizing ahead of the 2026 midterm elections. With Democratic Senator Jon Ossoff already announcing his bid for a second term in the Senate earlier this year, several Republicans have stepped up to challenge the incumbent senator. One of the candidates is Georgia Congressman Buddy Carter. Rep. Carter joins the Rundown to share why he is the candidate to take on Senator Ossoff and later he gives his reaction to the Trump administration’s recent tariff deal with China. Plus, commentary from senior fellow at the American Enterprise Institute and author of “The Project,” Howard Husock. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:29.9	I'm Stuart Vonney. I'm Martha McCallum. I'm Jason Chaffetz, and this is the Fox News Rundown.
0:38.4	Tuesday, May 13th, 2025.
0:41.3	I'm Jessica Rosenthal.
0:42.9	Will a new executive order be enough to lower drug prices,
0:46.1	or will it take something else to get Big Pharma to charge Americans less?
0:50.9	The president is not waiting for Congress to do something on this. So that is why he has
0:56.5	commissioned this massive coordinated effort by all of his agencies to use the full regulatory and
1:03.1	policy power of the government to get drug companies to give us reasonable prices. We speak with
1:08.7	FDA Commissioner Marty McCarrie. I'm Dave Anthony. We're
1:12.8	barely past the last elections, and the race is already on for next year as Republicans target a
1:19.6	Democratic senator in Georgia. I'm for you. John Alsoff is not. He's not for Georgians. He really
1:26.0	is more for AOC and Bernie Sanders than he is for Georgians.
1:31.1	We speak with congressman-turned-candidate Buddy Carter.
1:34.7	And I'm Howard Hewisick. I've got the final word on the Fox News rundown.
1:42.6	The president's new executive order, meant to lower drug prices, directs multiple health care
1:47.2	agencies in the U.S. to work with drug companies so Americans aren't paying more for drugs
1:52.6	than people do in other countries.
1:54.7	The order says within 30 days, these agencies shall communicate most favored nation price targets
2:00.6	to pharmaceutical manufacturers.
2:02.7	So we're no longer paying 10 times more than another country.
	...

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