Executive Order 14297 explained  ·  Executive Order  ·  No disposition noted

Delivering Most-Favored-Nation Prescription Drug Pricing to American Patients

Create a free account or sign in to follow Executive Order 14297 and get alerts. Executive Order 14297 Issued by Donald J. Trump → Federal Register

Signed: 2025-05-12   Published: 2025-05-15   Federal Register document: 2025-08876

Agencies: Executive Office of the President

Federal Register notes (as of 2026-10-19): See: EO 14273, April 15, 2025

What Executive Order 14297 says

Federal Register, Volume 90 Issue 93 (Thursday, May 15, 2025) [Federal Register Volume 90, Number 93 (Thursday, May 15, 2025)] [Presidential Documents] [Pages 20749-20751] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 2025-08876] [[Page 20747]] Vol. 90 Thursday, No. 93 May 15, 2025 Part II The President ----------------------------------------------------------------------- Executive Order 14297--Delivering Most-Favored-Nation Prescription Drug Pricing to American Patients Presidential Documents Federal Register / Vol. 90 , No. 93 / Thursday, May 15, 2025 / Presidential Documents ___________________________________________________________________ Title 3-- The President [[Page 20749]] Executive Order 14297 of May 12, 2025 Delivering Most-Favored-Nation Prescription Drug Pricing to American Patients By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1. Purpose. The United States has less than five percent of the world's population and yet funds around three quarters of global pharmaceutical profits. This egregious imbalance is orchestrated through a purposeful scheme in which drug manufacturers deeply discount their products to access foreign markets, and subsidize that decrease through enormously high prices in the United States. The United...

Opening of the official text; read it in full in the Federal Register.

Constitution Index

“VFA Constitution grade”

B

Minor constitutional concerns

Graded 2026-10-08

SI-generated grade · five published checks · not individually reviewed by a person · methodology

Executive Order 14297 is principally a directive to federal officers to communicate price targets, use existing import, antitrust, and approval statutes, and confront foreign price suppression. It claims no new legislative power, infringes no enumerated right, compels no individual conduct, stays at the federal level only where foreign trade and interstate commerce require it, and defers takings and process questions to future lawful proceedings. Residual risk is in threatened future rulemaking and approval review, which must respect statute and due process.

  • ✓ Passes · Enumerated powers
    The President acts under Article II, Section 1 vesting of executive power and Article II, Section 3 duty to take care that laws be faithfully executed, directing subordinate officers rather than making new law. Subject matter falls within delegated federal authority: Article I, Section 8, Clause 3 regulation of commerce with foreign nations and among the states for drug trade and importation, Arti…
  • ✓ Passes · Bill of Rights
    No provision directs censorship, religious targeting, disarmament, quartering, warrantless search, compelled testimony, unfair trial, or cruel punishment. First Amendment speech and press are untouched; Fourth Amendment is untouched because no search or seizure is ordered; Second, Third, Sixth, Seventh, Eighth Amendments are not implicated. To the extent pricing pressure could affect property inte…
  • ✓ Passes · Individual sovereignty
    The order restricts no personal medical choice, speech, belief, labor, or private property use. It directs government purchasers and manufacturers toward lower most-favored-nation prices and enables voluntary direct-to-consumer sales under the Ninth Amendment retained rights and Fifth Amendment liberty principles. No mandate compels patients to buy, physicians to prescribe, or firms to sell at a f…
  • ✓ Passes · Decentralization
    Individuals, counties, and single states cannot negotiate foreign price discrimination, regulate interstate pharmaceutical commerce, administer Medicare and Medicaid purchasing, or conduct foreign trade enforcement. Action at the federal level for foreign commerce and nationwide programs is the minimum necessary level under Article I, Section 8, Clause 3 and the Tenth Amendment, and the order does…
  • ✓ Passes · Due process and takings
    The order itself takes no property and orders no punishment without process. Price targets are communications; rulemaking, importation certification under 21 U.S.C. 384(j), antitrust enforcement under Sherman Act sections 1-2, and drug approval review are each expressly conditioned on consistency with law, which incorporates Fifth Amendment procedural due process, presumption of innocence, notice …

Sources: Federal Register: Executive Order 14297

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