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President Donald Trump signed two pieces of legislation into law on Wednesday that aim to inform consumers about drug prices.Both measures, the Know the Lowest Price Act and the Patient Right to Know Drug Prices Act, aim to end the drug industry's so-called gag orders of pharmacists, which prevent them from discussing cheaper price options with consumers. These price options include discussing whether a medication may be less expensive if using insurance or paying out-of-pocket.At Wednesday's signing, the President called the gag clauses "unjust" and said the legislation would lower drug prices that are "way out of whack" and "way too high.""It's called the law of supply and demand. They didn't want to have that. But now we have that and it's going to lower drug prices," Trump added.Both the President and Health and Human Services Secretary Alex Azar said at the signing that they expect further regulatory action on reducing drug prices in the coming months.Some states and municipalities have pharmacy gag order bans, but the Patient Right to Know Drug Prices Act, sponsored by Maine Republican Sen. Susan Collins, addresses banning the practice of gag orders on a federal level. The Know the Lowest Price Act, sponsored by Michigan Democratic Sen. Debbie Stabenow, prohibits Medicare drug plans from putting a gag clause on a pharmacy in their contracts.Collins and Stabenow were present at Wednesday's signing, as well as Tennessee Republican Sen. Lamar Alexander, Louisiana Republican Sen. Bill Cassidy, Deputy Attorney General Rod Rosenstein and National Economic Council Director Larry Kudlow.Some pharmaceutical industry experts say that although eliminating the gag clause is step toward consumer transparency, it doesn't address the issue of lowering actual drug costs, making it unclear how much of a tangible effect the legislation will have.The President has frequently expressed his frustration over rising drug prices, and in May, he laid?out his vision for increasing competition, reducing regulations and changing the incentives for all players in the pharmaceutical industry.The administration released a 44-page blueprint of the plan, entitled American Patients First, aiming to increase competition and improve the negotiation of drug prices, as well as reduce consumers' out-of-pocket spending on medicines and create incentives to lower list prices.Ending the pharmacy gag orders was included the plan, as well as speeding up the approval of over-the-counter medications and asking the Food and Drug Administration to require manufacturers to include prices in their TV ads.A gag order on a pharmacy is frequently brought on by clauses in contracts with pharmaceutical benefit managers, which manage most of our nation's prescription drug programs. The benefit managers negotiate prices with drug companies on behalf of insurance companies and other payers and then share those prices to retail pharmacies. They also negotiate rebates from manufacturers and discounts from drugstores. If pharmacists violate the gag rule, they risk losing their contract with the pharmaceutical benefit manager.Daniel Nam, executive director of federal programs at America's Health Insurance Plans, told Kaiser Health News that gag orders on pharmacies are becoming less frequent because these clauses are "not something they are incorporating into their contracts."Mark Merritt, president and CEO of a lobbying group for pharmaceutical benefit managers, the Pharmaceutical Care Management Association, told the publication that these clauses are "very much an outlier." 3635
Reality TV star Khloe Kardashian revealed in a sneak peek of Thursday's episode of "Keeping Up With the Kardashians" she tested positive for COVID-19.On Wednesday, the reality show released a clip on its YouTube channel."Just found out I do have corona," Khloe said while she filmed herself sick in bed. "I have been in my room, it's going to be fine, but it was really bad for a couple of days."Kardashian described her symptoms, including vomiting, coughing, shaking, and hot and cold flashes."I suffer from migraines, but this was the craziest headache; I wouldn't say it was a migraine," Kardashian stated in a hoarse voice. "The coughing in my chest would burn, and my throat is still not fully recovered, clearly. Let me tell you, that s--- is real. But we're all going to get through this. Praying if we follow orders and listen, we're all going to be okay. May God bless us all."According to the show's YouTube channel, Kardashian shared her experience "earlier this year."Khloe's sister Kim Kardashian announced in September that "KUWTK" would end its run next year after 14 years. 1098
President Trump's first public reaction to the cancellation of "Roseanne" is a shot at Disney CEO Bob Iger."Bob Iger of ABC called Valerie Jarrett to let her know that 'ABC does not tolerate comments like those' made by Roseanne Barr," Trump tweeted Wednesday morning. "Gee, he never called President Donald J. Trump to apologize for the HORRIBLE statements made and said about me on ABC. Maybe I just didn't get the call?"Jarrett was one of the targets of Barr's Twitter tirade early Tuesday morning.Barr compared Jarrett to "Planet of the Apes" and the Muslim Brotherhood, then claimed she was just joking. The tweet was widely condemned as racist.Jarrett, one of the most prominent African American women in politics, was one of President Obama's top aides. That's partly why Barr attacked her. Barr frequently uses her Twitter account to deride Democrats.Iger and Jarrett did not immediately respond to requests for comment about Trump's tweet.Trump is implying that he is the victim of a liberal media double standard. There are additional political overtones to the dispute since Iger seriously considered a 2020 run against Trump. He deliberated about it with friends and financiers last year, but ultimately decided against a run.It is true that Iger called Jarrett and told her about the decision to cancel "Roseanne" shortly before it was announced on Tuesday."He wanted me to know before he made it public that he was canceling the show," Jarrett said in an interview on MSNBC.Trump's tweet on Wednesday seemed to be influenced by an Entertainment Weekly recap of the interview. EW said that "Iger apologized and said he would not tolerate those kinds of comments made by Barr, Jarrett said."Earlier in the day on Wednesday, Barr reacted to ABC's decision by tweeting apologies and retweeting dozens of her fans. Some of the retweets promoted conspiracy theories and anti-ABC grievances.The-CNN-Wire 1918
President Donald Trump's former attorney and "fixer" Michael Cohen said he is "done being loyal" to his former boss and admitted that he knew what he was "doing was wrong" when he arranged payments during the 2016 election to silence women who claimed to have had affairs with Trump."I'm done with the lying," Cohen said in an interview with ABC News' George Stephanopoulos that aired Friday. "I'm done being loyal to President Trump. My first loyalty belongs to my wife, my daughter, my son and this country."Reiterating what he said in his guilty plea in August, Cohen told ABC News that Trump directed him to make the payments because Trump "was very concerned about how this would affect the election."Asked whether Trump knew it was wrong, Cohen replied, "Of course.""I knew what I was doing was wrong," Cohen said. "I stood up before the world (Wednesday) and I accepted the responsibility for my actions."Asked why he should be believed, Cohen replied, "Because the special counsel stated emphatically that the information that I gave to them is credible and helpful. There's a substantial amount of information that they possess that corroborates the fact that I am telling the truth."President Trump said in an interview with Fox News Thursday that he "never directed (Cohen) to do anything wrong.""I don't think there's anybody that believes that," Cohen told ABC News of Trump's denials. "First of all, nothing at the Trump organization was ever done unless it was run through Mr. Trump."The president's former fixer -- who once said he'd "take a bullet" for Trump -- told ABC he "gave loyalty to someone who truthfully does not deserve loyalty" and that he "should not be the only one taking responsibility for his actions.""So, (Trump's) still lying?" Stephanopoulos asked."Yes," Cohen responded.Cohen was sentenced to three years in prison Wednesday after pleading guilty to campaign finance violations, tax evasion, making a false statement to a bank, and making false statements to Congress.He had pleaded guilty in August in a Manhattan US attorney's case to two campaign-finance violations tied to payments he made or orchestrated to adult-film star Stormy Daniels and former Playboy model Karen McDougal to stay silent about alleged sexual encounters with Trump.Prosecutors have said that in executing the payments, Cohen "acted in coordination with and at the direction of" Trump, who has denied having the affairs with the two women.Cohen said Trump is a very different person than the man he used to work for."I think the pressure of the job is much more than what he thought it was going to be," Cohen said. "It's not like the Trump Organization where he would bark out orders, and people would blindly follow what he wanted done. There's a system here -- he doesn't understand the system." 2821
President Donald Trump's 2017 inaugural committee is currently being investigated by federal prosecutors in New York for possible financial abuses related to the more than 0 million in donations raised for his inauguration, according to a source familiar with the matter.The investigation was first reported by The Wall Street Journal Thursday afternoon.Citing conversations with people familiar with the investigation, which is being handled by the US Attorney's office in Manhattan, the Journal reported that prosecutors are also looking into whether the committee accepted donations from individuals looking to gain influence in or access to the new administration.The newspaper notes that "giving money in exchange for political favors" is illegal, as is misuse of any donated funds. The committee was registered as a nonprofit.In a statement, Trump's inaugural committee said the celebration was "in full compliance with all applicable laws.""The (committee) is not aware of any pending investigations and has not been contacted by any prosecutors. We simply have no evidence the investigation exists," the statement read."The (committee's) finances were fully audited internally and independently and are fully accounted. Moreover, the inauguration's accounting was provided both to the Federal Election Commission and the IRS in compliance with all laws and regulations. These were funds raised from private individuals and were then spent in accordance with the law and the expectations of the donors. The names of donors were provided to the FEC and have been public for nearly two years and those donors were vetted in accordance with the law and no improprieties have been found regardng the vetting of those donors."When asked by reporters about the story Thursday, White House press secretary Sarah Sanders said, "That doesn't have anything to do with the President or the first lady. The biggest thing the President did, his engagement in the inauguration, was to come here and raise his hand and take the oath of office. The President was focused on the transition at that time and not on any of the planning for the inauguration."According to the Journal, sources told the paper that the investigation "partly arises out of materials seized in the federal probe of former Trump lawyer Michael Cohen's business dealings."During a raid of Cohen's properties last spring, a recorded conversation between him and Stephanie Winston Wolkoff, a former adviser to first lady Melania Trump, was seized, according to the newspaper. Wolkoff expressed concern in the conversation about how the inaugural committee was spending money, a person familiar with the Cohen investigation told the Journal.Rick Gates, Trump's former campaign aide who has been cooperating with special counsel Robert Mueller's investigation into Russian meddling in the 2016 presidential election, was asked by prosecutors about the committee's spending and its donors, the Journal reported, citing conversations with people close to the matter.Tom Barrack, a real estate developer who ran the inaugural committee, has not yet spoken with investigators since an interview he had with the special counsel last year, a source familiar with the matter told CNN. During his conversation with Mueller, the inaugural fund was only raised briefly, the source said."The inaugural committee hasn't been asked for records or been contacted by prosecutors. We are not aware of any investigation," the source told CNN.The committee, which CNN previously reported had raised a record-setting 7 million, received much of its funding from wealthy donors who gave million or more, according to the Journal. Some of the fund's top donors, including billionaire Sheldon Adelson, AT&T Inc. (the parent company of CNN) and Boeing Co. are not currently under investigation, the newspaper reported. 3876