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Marketplace Morning Report

What you need to know about TrumpRx

Marketplace Morning Report

Marketplace

Business, News

4.5927 Ratings

🗓️ 6 February 2026

⏱️ 7 minutes

🧾️ Download transcript

Summary

The Trump administration has launched the new TrumpRx website, where people can shop for prescription drugs at discounted rates. The site, a hub that points cash-paying customers to five participating manufacturers' websites, went live yesterday. We dig in. Then, it's been a bumpy week for markets. What should we make of it? Plus, we speak with a Minneapolis restaurant owner who says sales are down 50% due to ICE's crackdown in the city.

Transcript

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0:00.0

This Marketplace podcast is supported by Fayree Drinker, one of the largest law firms in Minnesota,

0:06.4

with nearly 300 Minneapolis attorneys helping clients solve complex legal issues in meeting their goals in the Twin Cities and Beyond,

0:15.2

fagree drinker.com.

0:18.3

Trump RX? A rough week for markets. and trying to run a restaurant during a nice operation.

0:25.7

From Marketplace, I'm Sabri Beneshaw, and for David Brancaccio.

0:29.0

The Trump administration has launched the new Trump RX website where people can shop for prescription drugs.

0:35.6

The site went live yesterday.

0:41.4

Marketplaces Nancy Marshall-Genzor explains how it'll work and who it'll benefit.

0:46.3

Trump RX will initially offer 40 medications from five manufacturers,

0:50.8

ranging from inhalers to insulin, fertility, and weight loss medications.

0:55.2

A White House fact sheet says more drugs will be made available in the coming months. You won't be buying your medications right on Trump RX. Instead, it's a hub that points you

1:01.2

to participating manufacturers' websites. Trump RX offers coupons for some drugs that consumers

1:07.0

take to their pharmacies. You still need a prescription, and you can't use your insurance

1:11.5

to shop on Trump RX. It's only available for cash-paying patients. But insurance doesn't cover some

1:17.6

things like obesity and fertility drugs. It's not clear what kind of impact Trump RX will have.

1:24.0

Some drug manufacturers already offer a discount to cash-paying customers, and some of these

1:28.7

medications are already available as cheaper generics. I'm Nancy Marshall Genser for Marketplace.

1:35.3

It has been a bumpy week for markets. Software stocks like Salesforce and Intuit got pummeled

1:42.4

by new AI tools from Anthropic that investors

1:45.4

fear will make a lot of software obsolete. But they are bouncing back a little this morning.

1:50.7

And before you worry about a tech Armageddon, there may also be something else going on here.

1:56.5

Christopher Lowe is chief economist at FHN Financial in New York.

...

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