Badlands Media Special Coverage: 8/31/26 - Trump Unveils Historic "Most Favored Nation" Drug Pricing
Nine more pharmaceutical giants join the fold, bringing the total to 26 companies covering 90% of the domestic drug market, and Trump calls it the biggest medical announcement of his presidency, maybe of any presidency. RFK Jr., Dr. Oz, and Commerce Secretary Howard Lutnick each take turns explaining how "Most Favored Nation" pricing flips America from paying the highest drug prices in the world to the lowest, with projected savings north of $600 billion. A parade of pharma CEOs step up to announce Medicaid discounts, billions in U.S. manufacturing investment, and donations to the national drug stockpile, while GLP-1 weight loss drugs and IVF medications get singled out for dramatic price cuts. The Q&A afterward wanders well past pharmaceuticals, into Iran's military status, a massive Venezuela oil deal, interest rate frustrations, and China's upcoming state visit. Dense, numbers heavy, and genuinely wide ranging, this one covers a lot of ground fast.
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