HALISTER: Cummings: Trump ‘Enthusiastic’ About Effort to Cut Drug Prices

Cummings: Trump ‘Enthusiastic’ About Effort to Cut Drug Prices

(Bloomberg) -- President Trump was “clearly aware of the problem and he made clear to us he wanted to do something about it,” Democratic Rep. Elijah Cummings says of Trump’s reaction to his presentation of legislation to let Medicare negotiate prices with drugmakers.
  • Cummings says he asked Trump and HHS Sec. Tom Price to review measure and provide comments, says he hopes to file it in 2 weeks
  • Fellow Democratic Rep. Peter Welch, who also attended meeting, says Trump “gets it, on the issue of Medicare getting a good price”
  • Separately, Trump brought up Epipen pricing issue and is “looking for ways to make sure people can get the medication they need,” Cummings says
    • Related: Mylan Gets Subpoena Seeking More Documents on Medicaid Rebates
  • Cummings says he also told Trump that “when talking about the African-American community, not all African-American communities are places of depression and where people are being harmed”
  • “It would be good for him to acknowledge most African American people are doing very well,” Cummings says

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
MYL US (Mylan NV)

People
Elijah Cummings (United States House of Representatives)
Donald Trump (United States of America)
Peter Welch (United States House of Representatives)
Stephen Miller (United States Office of the President)
Thomas Price (UBS Asset Management Japan Ltd)

Topics
Bloomberg Politics

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