Watch live: Trump to announce Medicaid drug pricing plan

President Donald Trump will deliver remarks this Friday regarding his administration's ongoing efforts to reduce prescription drug costs. During an Oval Office event attended by several governors, Trump is expected to announce that Medicaid programs across all 50 states will gain access to most favored nation pricing for specific drugs. This initiative aims to implement a standardized drug pricing model for Medicaid, ensuring that all states can benefit from these more favorable pricing structures for certain medications.