Trump proposed a change to Medicare price talks that has long been sought after by the pharmaceutical industry.

Bertha Coombs is a general assignment reporter for CNBC, covering financial markets and business news stories throughout the business day programming. Want to write for Entrepreneur too?

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or formularies, that are covered by insurance and reimburse pharmacies for prescriptions. The FTC has been investigating PBMs since 2022. — CNBC's Bertha Coombs contributed to this report.