Trump wants drug price caps tied to foreign nations. Here’s why Biden never did it.

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Senate Democrats and the Biden administration dropped plans to set drug price caps based on the amount paid in other high-income countries, during talks years ago to push through the law that empowered Medicare to negotiate down the cost of prescription medications. A version of the idea was revived by President Trump in the executive

Speaker Johnson Backs Stock Trading Ban for Members of Congress

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The Louisiana congressman announced his support while offering a defense of opponents by citing frozen congressional salaries that limit members’ finances. WASHINGTON—House Speaker Mike Johnson (R-La.) has announced that he supports legislation to ban members of Congress from trading stocks, which has previously elicited controversy. “My honest opinion on it: I’m in favor of that.

REPLAY: Senate Judiciary Panel Probes Foreign Threats to US Innovation

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The Senate Judiciary Committee holds a hearing on foreign threats to American innovation and economic leadership at 2:30 p.m. ET on May 14. Witnesses include Aaron Bores of Moen, Mark Cohen of Asia Society and the University of Akron Law School, Bradford Muller of Charlotte Pipe and Foundry Company, and Karyn Temple of the Moti…