Media Tip Sheet: President Trump Signs Executive Order to Lower Drug Costs


May 13, 2025

A new executive order signed by President Trump promises to lower prescription drug costs.

The executive order calls for drugmakers to lower prices to align with what other countries pay. The order, signed by the President on Monday gives drugmakers 30 days to make meaningful efforts or changes to reach lower price goals.

The George Washington University has experts available to comment on lowering the cost of prescription drugs. If you are interested in scheduling an interview with a GW expert please contact Katelyn Deckelbaum, katelyn [dot] deckelbaumatgwu [dot] edu (katelyn[dot]deckelbaum[at]gwu[dot]edu).

Leighton Ku, a professor of health policy and management and Director of the Center for Health Policy Research at the GW Milken Institute School of Public Health, is a health policy researcher and public policy analyst. He is an expert in national and state health reforms.

Richard Ricciardi is associate dean for Clinical Practice and Community Engagement in the GW School of Nursing and the executive director for the Center for Health Policy and Media Engagement.

Tony Yang, is a professor in health policy at the George Washington University School of Nursing with a joint appointment at the Milken Institute School of Public Health in the Department of Health Policy and Management.

-GW-