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Pallone on Trump’s Drug Pricing Executive Orders

Jul 24, 2020
Press Release

Energy and Commerce Chairman Frank Pallone, Jr. (D-NJ) released the following statement today on President Donald J. Trump’s Executive Orders on drug pricing:

“President Trump’s Executive Orders are a desperate and ineffective election year stunt to try to convince people he’s following through on his promise to lower prescription drug prices.  But unfortunately, this is not the case.

“If the President was serious about significantly lowering prescription drug costs, he would work with Democrats to get H.R. 3 signed into law.  Unlike these Executive Orders, H.R. 3, which already passed the House, would actually fulfill his campaign promise to empower the government to negotiate fair prescription drug prices for the American people.   

"Instead, President Trump is pursuing symbolic Executive Orders that will not meaningfully reduce the skyrocketing prices people pay at the pharmacy counter.  The American people should not be deceived by this cheap election year ploy.”