By Matt Novak
White House officials are considering launching a website that would allow Americans to purchase cheaper prescription drugs directly from pharmaceutical companies, according to a report from Bloomberg. And incredibly, officials are seriously thinking about slapping President Donald Trump’s name on the project.
Bloomberg stresses that plans for the website haven’t been finalized and “discussions are ongoing,” but the report is certainly consistent with everything we know about President Trump. He likes to slap his name on things, and he likes to take credit whenever he can. This is the guy who has been personally profiting from the presidency, with his family’s wealth rising by billions of dollars through crypto investments alone, according to the Wall Street Journal.
While all Americans would welcome lower drug prices, Trump’s efforts in that area appear to be more desperate than practical. One of the major reasons that Americans pay more than any other country for drugs is that politicians in the 2000s made it illegal to negotiate for better prices. It’s been illegal for Medicare to negotiate with the drug companies on most medications, though that changed slightly in 2022 with the Inflation Reduction Act. Now, 10 new drugs each year can be negotiated, something the drug companies have fought tooth and nail in court.
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