Sat Jan 25 22:20:00 UTC 2025: ## Trump Reverses Biden’s Executive Order on Prescription Drug Prices

**Washington D.C.** – President Donald Trump has overturned former President Joe Biden’s executive order (14087) aimed at lowering prescription drug costs for Americans. The move, one of several conservative actions taken on Trump’s Inauguration Day, immediately sparked criticism from Democrats.

Biden’s 2022 executive order cited the high cost of prescription drugs in the U.S., noting that Americans pay significantly more than citizens in other countries. The order implemented measures intended to address this, including unspecified initiatives to reduce costs for Medicare and Medicaid beneficiaries.

Trump, in his own executive order, characterized Biden’s policies as “deeply unpopular, inflationary, illegal and radical.” He framed the reversal as the first step in repairing what he termed flawed federal institutions and the economy.

The Democratic National Committee swiftly condemned the action. Rapid response director Alex Floyd accused Trump of prioritizing “billionaire backers” over the needs of ordinary Americans, alleging that the president is prioritizing personal gain over lowering costs for citizens.

While Trump’s action rescinds Biden’s executive order, existing laws and regulations regarding prescription drug pricing remain in place. However, the reversal disrupts the specific cost-saving measures implemented under the previous administration. The long-term impact on prescription drug prices remains to be seen.

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