WASHINGTON, May 21 – After President Trump issued a vague executive order claiming to slash drug costs by linking them to international prices, Sen. Bernie Sanders (I-Vt.), Ranking Member of the Senate Committee on Health, Education, Labor, and Pensions (HELP), today announced he would ask for unanimous consent on the Senate floor to pass legislation that would actually do just that by ensuring Americans pay no more than people in other countries for the exact same prescription drug, forcing anyone who opposes actually lowering drug prices to rise in opposition.

On May 5, 2025, President Trump issued an executive order entitled “Delivering Most-Favored-Nation Prescription Drug Pricing to American Patients.” In that order, he proposes a “a rulemaking plan to impose most-favored-nation pricing” but does not cite specific legislative authority. As a result, the executive order will be blocked by the courts. Congressional action is needed.

The Prescription Drug Price Relief Act will put an end to the greed of the pharmaceutical industry and help save lives by lowering drug prices. This legislation would ensure Americans do not pay more for prescription drugs than the median price paid in Canada, the United Kingdom, France, Germany and Japan.

Details:

What: Sen. Sanders floor speech calling for unanimous consent to pass legislation to make sure Americans pay no more than people in other countries for prescription drugs

When: Wednesday, May 21, 2025 at 3:00 p.m. ET

Where: Senate floor. His remarks will also be livestreamed on Sanders’ social media.