April 16, 2026

Senate Democrats report drug price hikes despite Trump deals

Senator Bernie Sanders' report shows that 15 out of 16 drugmakers involved in Trump's pricing deals have raised prices on 337 drugs since January 2025, with some annual costs increasing by over $14,000.
The report highlights that drugmaker profits surged to $177 billion in 2025, raising concerns about the effectiveness of the TrumpRx platform and its lack of meaningful savings for patients.
Sanders has proposed new legislation to require drug companies to lower prices to match those in five peer countries, aiming to save Americans over $180 billion a year.