President touts new drug-pricing program, cites a beneficiary who saw a steep price cut

The president asked Congress to codify a "most favored nation" drug-pricing program and described a new online portal he said delivers steep discounts for prescription drugs. "All available right now at a new website called trumprx.gov," he said, urging congressional action to make the program statutory.

He introduced a customer example: "the very first customer ever to get that big discount, and it is big, Katherine Raynor," and described her reported price cut: a drug that cost $4,000 was obtained for "under $500," an example the president used to illustrate the program's impact.

The speech also included broader health-care goals: the president called for ending some payments to insurers, increasing price transparency and using negotiated agreements to lower prescription costs. He asked Congress to codify the approach but did not present statutory language or legislative text during the address.

Next steps: the administration asked Congress to act to codify the program. The transcript records the president's assertions and the named example but does not include legislative text, independent data on savings, or confirmation of program enrollment numbers.