Pelosi Sees Drug Price Deal With Trump Despite Impeachment Probe
- Talks proceed even amid Pelosi-Trump conflicts, House inquiry
- Measure is named in honor of Representative Elijah Cummings
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House Speaker Nancy Pelosi said Friday that she thinks a deal with President Donald Trump to lower the cost of prescription drugs is possible even as her chamber proceeds with an impeachment inquiry against him.
Enactment of a major bill could be a boon to consumers and put downward pressure on pharmaceutical company stock prices. Negotiations on a drug price bill continue with the White House, she said, noting that Trump hasn’t threatened to veto her proposal.