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President credits his policies for lower drug prices as reporters note Medicare coverage for weight‑loss drugs
Summary
A reporter said a Federal Reserve working paper linked migration and housing costs and stated that Medicare will cover certain weight‑loss drugs starting July 1; the president credited programs he called "Trump RX" and international price pressures for steep reductions in drug prices.
A reporter cited a Federal Reserve working paper suggesting an immigration surge had driven housing costs higher and then asked about Medicare coverage for weight‑loss drugs, saying "Starting on July 1, Medicare is now covering... weight loss only." The reporter asked how consequential the change would be for people.
The president responded by crediting initiatives he described as "favorite nations" negotiations and a program he referred to as "Trump RX," saying those efforts drove down drug prices. "We paid the highest drug price in the entire world, and now we pay the lowest drug price in the entire world," he said, and later asserted large percentage reductions in prescription costs, characterizing the change as having a "huge impact on health care."
The president framed the price reductions as the result of pressuring both countries and drug companies to lower prices; he said he called foreign leaders and threatened tariffs to secure agreements. The exchange did not include independent verification of the specific percentage figures the president cited.
