Latest in Biden administration picks 15 more drugs for Medicare negotiation
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Biden to Commute Drug Offender Sentences
The action, aimed at inmates who received harsher sentences based on old disparities in drug laws, is the broadest commutation of individual sentences ever issued by a U.S. president.The New York Times - 1h -
Ozempic is in the next round of Medicare drug price negotiations. See the full list of 15 medications
The talks around drugs including Novo Nordisk's Wegovy, GSK's Trelegy Ellipta, and Pfizer's Xtandi will set Medicare prices that go into effect in 2027.CNBC - 5h -
Medicare to Negotiate Lower Prices for Weight-Loss Drugs
The government is expected to pay lower prices for Ozempic and Wegovy starting in 2027. The Trump administration will decide whether to expand coverage for millions of Americans.The New York Times - 8h -
Biden sets pardons and commutations record with new clemency for nonviolent drug offenders
The president said that with Friday's action he has "now issued more individual pardons and commutations than any president in U.S. history."NBC News - 12h -
Biden pardons nearly 2,500 nonviolent drug offenders
"With this action, I have now issued more individual pardons and commutations than any president in U.S. history," President Joe Biden wrote in his announcement Friday.ABC News - 6h -
The next 15 drugs chosen for Medicare negotiation
The Biden administration has announced the next 15 drugs chosen for Medicare negotiation, marking one of its final acts before the inauguration of President-elect Trump. The Centers for Medicare ...The Hill - 7h -
White House says popular weight-loss drug Ozempic subject to Medicare talks
Analysts at Argus Research say the stock is now trading at 22 times its estimated 2025 earnings.MarketWatch - 7h -
Medicare announces weight-loss drugs, including Ozempic, will be up for price negotiations
The Biden administration on Friday released its next round of prescription drugs selected for Medicare price negotiations, which includes Ozempic.NBC News - 7h -
Ozempic, Wegovy on list for Medicare drug price negotiations
The hugely popular medications Ozempic and Wegovy, used for diabetes and weight loss, will be included in the next round of talks to negotiate lower Medicare drug prices.CBS News - 8h -
Joe Biden commutes sentences of nearly 2,500 non-violent drug offenders
Total number of pardons and commutations issued by US president is now higher than any of his predecessors. Joe Biden , who leaves office next week, announced on Friday he was commuting the ...The Guardian - 8h -
CMS to seek Medicare negotiations on Ozempic price
The Centers for Medicare and Medicaid Services (CMS) has included Ozempic among the next 15 drugs chosen for Medicare negotiation. CMS listed Ozempic, Rybelsus and Wegovy — all forms of semaglutide ...The Hill - 8h -
Biden administration picks 15 more drugs for Medicare negotiation
The Centers for Medicare and Medicaid Services (CMS) has selected 15 more drugs for Medicare price negotiation, announcing the selection two weeks ahead of schedule. Administration officials did ...The Hill - 9h -
Biden commutes the sentences of nearly 2,500 non-violent drug offenders
President Biden on Friday announced he would commute the sentences of nearly 2,500 people convicted of non-violent drug offenses as one of his last major moves just days before leaving office. ...The Hill - 12h -
The Biden administration eyes more drilling restrictions in Alaska
The Biden administration is setting in motion actions that could prevent drilling in more “special areas” of Alaska’s north slope — if the incoming Trump administration does not shelve it. The ...The Hill - 1d -
Biden to defer TikTok law implementation to Trump administration
NBC News Anchor Savannah Sellers joins Meet the Press NOW with reporting that the Biden administration will not plan to levy fines against companies that allow access to TikTok in the U.S. during ...NBC News - 1d -
Biden administration launches cybersecurity executive order
With this executive order, the Biden White House is looking to boost digital security in the U.S. for the government and the private sector.CNBC - 1d -
Medicare's new $2,000 cap on out-of-pocket drug costs could save patients thousands, AARP says
The AARP report suggests the spending cap could be huge for Medicare enrollees who take costly drugs for cancer, rheumatoid arthritis, and other conditions.CNBC - 1d -
Johnson & Johnson makes $15 billion bet on mental-health drugs
Pharma giant Johnson & Johnson is buying Intra-Cellular Therapies, eying sales growth above analysts’ expectations through 2029.MarketWatch - 4d -
Biden speaks with Israel's Netanyahu amid ceasefire negotiations in Qatar
The Biden administration is putting pressure on a deal before the inauguration, which will see President-elect Donald Trump return to the White House.CBS News - 5d -
Prices of top 25 Medicare Part D drugs have nearly doubled, AARP study finds
AARP's new research finds price growth for top Part D prescription drugs has exceeded inflation, making a case for allowing Medicare to negotiate prices.CNBC - Jan. 9 -
Weight-loss drugs like Ozempic may be up for Medicare price negotiations — will Trump support it?
Medicare’s drug pricing negotiations — the first of their kind in the United States, passed under President Joe Biden — face an uncertain future in the incoming Trump administration.NBC News - Jan. 9 -
Biden administration providing additional $500M in weapons to Ukraine
The Biden administration is providing an additional $500 million package in weapons and equipment to Ukraine from its existing military stockpiles, looking to further reinforce Kyiv's military less ...The Hill - Jan. 9 -
Biden aides express optimism about Gaza ceasefire negotiations
President Joe Biden aides are once again expressing hope that Israel and Hamas could be close to reaching a deal for a ceasefire in Gaza and the release of hostages held by the terrorist group.NBC News - Jan. 9 -
Biden administration achieves fourth record-breaking ACA enrollment ahead of exit
The Biden administration has achieved a fourth consecutive record year in HealthCare.gov Marketplace enrollment, one week before the final sign-up deadline and its imminent exit from office. Nearly ...The Hill - Jan. 8 -
Biden administration eases sanctions on transitional Syrian government after Assad ouster
The Biden administration has eased sanctions blocking transactions with the transitional Syrian government following the ousting of longtime dictator Bashar Assad. The move marks a gesture of ...The Hill - Jan. 7 -
Biden administration finalizes rule to strike medical debt from credit reports
U.S. consumers will no longer have medical debt appear on their credit reports under to a new rule the CFPB finalized Tuesday.NBC News - Jan. 7 -
Medical debt banned from credit reports by new Biden administration rule
Unpaid medical bills will no longer appear on credit reports under a final rule announced by the Biden administration.CBS News - Jan. 7 -
Biden Administration Moves to Ban Medical Debt From Credit Reports
The future of the new rule remains in question, however, with President-elect Donald J. Trump set to return to the White House this month.The New York Times - Jan. 7 -
Breaking down the Nippon and U.S. Steel lawsuit against Biden administration
U.S. Steel is suing the Biden administration over the president's decision to block the company's $15 billion acquisition by Japan's Nippon Steel. International investment expert Sarah Bauerle ...CBS News - Jan. 6 -
U.S. Steel, Nippon Steel sue Biden administration over blocked deal
U.S. Steel and Nippon Steel have filed lawsuits against the Biden admin. after the president blocked their $15 billion acquisition deal. CBS MoneyWatch correspondent Kelly O'Grady has more.CBS News - Jan. 6 -
How the Biden administration will help certify the 2024 election results
Vice President Kamala Harris will preside over a joint session of Congress for the certification of the 2024 election. CBS News' Ed O'Keefe reports four years after the Capitol riots on Jan. 6, 2021.CBS News - Jan. 6 -
U.S. Steel, Nippon Sue Biden Administration Over Merger Block Decision
The steel makers want a federal court to junk the President’s call to scrap the $14.9 billion merger, saying the national security concerns cited are groundless.Inc. - Jan. 6 -
U.S. Steel, Nippon Steel sue Biden administration for blocking deal
The steel companies allege White House decision to block takeover was political and violated their right to due process.CBS News - Jan. 6 -
Nippon Steel and US Steel sue Biden administration over blocked merger
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with their merger, which President Biden blocked Friday over national security ...The Hill - Jan. 6 -
Biden administration plans $8 billion weapons sale to Israel
State Department tells Congress of a planned $8 billion weapons sale to Israel.ABC News - Jan. 4 -
Biden administration adds exemptions into new climate rules for hydrogen energy
The Biden administration on Friday finalized fairly strict climate rules for the nascent hydrogen energy industry — but the rules contain new flexibilities that are expected to make them less ...The Hill - Jan. 3 -
FCC's net neutrality rules struck down, in another blow to Biden administration
A federal appeals court in Ohio ruled that the Federal Communications Commission lacked authority to reinstate open internet rules.Los Angeles Times - Jan. 2