The executive order, which Biden signed in October 2022, had not spurred any lower drug prices by the time Trump revoked it Jan. 20. The order directed the Health and Human Services Department ...

Trump rescinded Executive Order 14087, "Lowering Prescription Drug Costs for Americans," which directed Medicare and Medicaid ...

Trump reversed former President Joe Biden's order on "Lowering Prescription Drug Costs for Americans" on Monday.

The new cap — part of the 2022 Inflation Reduction Act — started in the new year. It's unclear whether the Trump administration will keep or repeal the law.

The rescinded order directed Medicare and Medicaid to test ways to lower drug costs for enrollees. Those tests hadn’t started ...