
Trump's quest to reduce drug prices is heating up. But will he be able to do it?
Fox News
Trump sends letters to pharmaceutical companies urging drug price cuts following his May executive order, but experts question his limited authority to enforce compliance.
Diana Stancy is a politics reporter with Fox News Digital covering the White House.
As a result, utilizing public pressure through these letters may be one tool he’s employing to get companies to comply, according to Benedic Ippolito, a senior fellow in economic policy studies at the conservative-leaning American Enterprise Institute think tank.
"One of the big questions has been just how much can the administration realistically pressure these drugmakers to do something that is at least nominally voluntary," Ippolito told Fox News Digital Monday.
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