He stated that purchasing from manufacturers directly will reduce prices. President Donald Trump announced a new program called TrumpRx this week under his Most Favored Nation (MFN) initiative,…
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Fish Wholesaler Pleads Guilty to Multi-Year Price Fixing Scheme
The defendant coordinated phone calls with other wholesalers to manipulate fishermen’s pay. The Department of Justice (DOJ) announced that a fish wholesaler based in Florida pleaded guilty to…
Read MorePresident and Federal Reserve Chair Discuss Interest Rates and Economy
President Trump advocated for the central bank to reduce interest rates now that inflation has stopped. President Donald Trump and Federal Reserve Chair Jerome Powell met in person…
Read MoreFederal Agencies Request Public Input on Healthcare Price Transparency
The effort aligns with President Trump’s executive order on healthcare pricing. The Departments of Labor, Health and Human Services (HHS), and the Treasury recently issued a joint Request…
Read MoreFTC Challenges Drug Patents Hindering Generic Competition
The agency renewed efforts to remove over 200 disputed patents from FDA’s Orange Book to promote affordable medication access. The Federal Trade Commission (FTC) recently renewed its challenge…
Read MorePresident Signs Executive Order to Lower Prescription Drug Pricing
He said the U.S. will “no longer tolerate profiteering and price gouging from big pharma.” President Donald Trump signed an Executive Order on Monday to lower prescription drug…
Read MoreUSDA Reports Progress on Avian Flu as Egg Prices Drop
Secretary Rollins highlights strategy advancements in biosecurity, farmer relief, and research efforts. U.S. Secretary of Agriculture Brooke Rollins recently provided an update on the Department of Agriculture’s (USDA)…
Read MoreConsumer Prices Decreased in February
White House press secretary reports that inflation reached the lowest level in nearly four years. The Department of Labor’s Bureau of Labor Statistics reported that February’s core consumer…
Read MoreJustice Department Opens Antitrust Investigation into Rising Egg Prices
Officials suspect large egg producers collaboratively raising prices and reducing supply. The Department of Justice (DOJ) opened an investigation into rising U.S. egg prices last week to explore…
Read MorePresident Trump Calls to Lower Cost of Oil
OPEC announces a plan to increase production. When President Donald Trump addressed Davos in January, he called for the Organization of the Petroleum Exporting Countries (OPEC) to bring…
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