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Official transcripts
White House transcripts of the President’s remarks, compiled by the Office of the Federal Register and published on govinfo.gov. They are in the public domain and usually appear 4–7 weeks after the event: the newest one here is from Sep 30, 2026. We show how often a word was said and short quotes, and link to the full text. Searches on this page go to our server, unlike My transcripts.
“Favored Nation” said in 22 of 263 transcripts, 90 times.
…He's not so electable. I did 77. I did something else: favored nations on drugs. We now will pay—we now are paying the lowest…
…anywhere in the world for drugs. In other words, matching. It's favored nations. It's called most favored nations. Every other President tried for it. They…
…so incredible on medicine that nobody has ever done it: reducing—favored nations—most favored nations, we reduced the cost of medicine at levels that…
…we did nothing else and went home, go home, we did favored nations, where we're bringing down the price of a pill. As an example…
…all"—we don't need this bullshit. We need to talk about favored nations. And your numbers are coming down at levels that nobody has ever…
…And I thought I'd do this before we start on most favored nations. And I want to read this, because I would have said it…
…drugs—really, all of their flagship drugs—at heavily discounted, most favored nations prices. In other words, whatever the drug sells for over the world…
…agreed to offer all of their drugs to Medicaid at most-favored-nations pricing. You're going to get most favored nations pricing, meaning they're going…
…my administration to do everything in our power to implement most-favored-nations drug pricing, something that has been helped greatly by tariffs, because when…
…Novo Nordisk are committing to offer Zepbound and Wegovy at most-favored-nations rates for American patients. This will slash the cost of Wegovy from…
…to provide all of their other medications to Medicaid at most-favored-nations prices. Most favored nations, meaning that you will pay the lowest price…
…world. And you know, we're ending all of that. It's called favored nations, and we're ending it, and we're ending it pretty fast. Nobody thought…
…be paying $150 too. We're going to pay the same thing. Favored nations. It's beautiful. It's a beautiful thing. And we've been ripped off by…
…that you won't even believe. And ultimately, that's because of the favored nations. In addition, the FDA will be working with the company to expedite…
…one of the great companies, by the way—and a most-favored-nations pricing clause. So most favored nation is, you're going to pay whatever…
…reasons I wanted to run again was we had to have favored nations, where the world is not going to be paying just a fraction…
…to offer all of their prescription medications to Medicaid at most-favored-nations prices—in other words, the lowest price anywhere in the world; that's…
…in the history of our country has never happened before. It's "favored nations," if you know what that means. But we'll talk about it. Today…
…in the United States. It was a result of the most-favored-nation drug pricing order that we established earlier this year. As you know…
…now. We're going to be paying whatever the lowest price is. Favored nations. This will save American taxpayers and consumers hundreds of millions of dollars…
…to sacrifice that but—and help them. But it's called "most favored nation." We are going to pay the lowest price there is in the…
…we will say, "That's the price we're going to pay." Most favored nations. That's what it is. One breast cancer drug costs Americans over $16…
…it anymore. Next, my administration will secure what we're calling "most-favored-nations drug pricing." The principle is simple: Whatever the lowest price paid for…