financetom
Economy
financetom
/
Economy
/
Trump plans more steps to cut healthcare costs in coming weeks, senior White House official says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump plans more steps to cut healthcare costs in coming weeks, senior White House official says
Nov 17, 2025 12:02 PM

WASHINGTON (Reuters) -U.S. President Donald Trump will travel domestically before year-end to tout his economic agenda and highlight efforts to improve affordability, and he could make new announcements on lowering health costs in coming days and weeks, a senior White House official said on Monday.

Trump is expected to ramp up his domestic travel schedule at the start of 2026 as he continues his drive to combat inflation and higher prices that are frustrating Americans and have undermined his approval ratings in recent months.

"The president knows he has a proven economic formula that works. It did in his first term," the White House official said on background. "It's just going to take more time, because unlike in his first term, he inherited the worst inflationary crisis in modern history."

No firm schedule was available for Trump's U.S. events, but stops could include Las Vegas, where he first announced plans to cut taxes on tips during the 2024 presidential election. Any events would be large, campaign-style ones held indoors, given security concerns after the assassination of podcaster Charlie Kirk and two attempts on Trump's own life during the campaign, the White House official said.

Trump plans to tout his economic agenda, including tax cuts, limits to taxes on overtime pay and recent moves to lower prescription drug prices, the official said.

"You will see more in the healthcare space from the president in the coming days and weeks, for sure," the official said, without providing further details.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Factbox-Most brokerages retain expectations of 25-bps rate cut from US Fed in December
Factbox-Most brokerages retain expectations of 25-bps rate cut from US Fed in December
Nov 22, 2024
(Reuters) -Major brokerages reiterated their view of a 25-basis-point (bp) interest-rate cut by the U.S. Federal Reserve in December after U.S. consumer prices for October increased as expected, even as Fed Chair Jerome Powell indicated there is no need to rush rate cuts given strong U.S. economy. The consumer price index (CPI) rose by 2.6% in October, data showed on...
US business activity gauge rises to 31-month high in November
US business activity gauge rises to 31-month high in November
Nov 22, 2024
WASHINGTON (Reuters) - A measure of U.S. business activity raced to a 31-month high in November, boosted by hopes for lower interest rates and more business-friendly policies from President-elect Donald Trump's administration next year. S&P Global said on Friday that its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, increased to 55.3 this month. That...
US Dollar Rises Early Friday Ahead of Flash PMI, Michigan, KC Fed Services
US Dollar Rises Early Friday Ahead of Flash PMI, Michigan, KC Fed Services
Nov 22, 2024
07:48 AM EST, 11/22/2024 (MT Newswires) -- The US dollar rose against its major trading partners early Friday, except for a decline versus the yen, before the release of S&P Global flash PMI estimates for November at 9:45 am ET, the University of Michigan's preliminary sentiment reading for November at 10:00 am ET, and the Kansas City Federal Reserve's services...
November S&P Global US Flash Manufacturing, Services Measures Both Increase
November S&P Global US Flash Manufacturing, Services Measures Both Increase
Nov 22, 2024
09:57 AM EST, 11/22/2024 (MT Newswires) -- The November flash reading of manufacturing conditions from S&P Global rose to a four-month high 48.8 from 48.5 in October, slightly below an expected reading of 48.9 in a survey compiled by Bloomberg as of 7:30 am ET. The index still suggests contraction in the sector, which is in line with the Philadelphia...
Copyright 2023-2026 - www.financetom.com All Rights Reserved