Buchanan and Arrington reintroduce the USTRx Act, targeting foreign price controls impacting U.S. drug costs.
Quiver AI Summary
Congressman Vern Buchanan and Congressman Jodey Arrington have reintroduced the USTRx Act, aimed at reducing prescription drug costs for Americans by addressing foreign price controls that burden U.S. patients. The legislation proposes the establishment of a Chief Pharmaceutical Trade Negotiator to oversee and report on foreign pricing practices.
Buchanan stated, "American patients are paying more for life-saving medicines because foreign countries are free-riding on U.S. investment." Arrington echoed this sentiment, emphasizing the need to hold countries accountable for imposing price controls on U.S. treatments.
The reintroduction comes as concerns grow over foreign nations benefiting from American innovation, with U.S. patients funding a significant share of global pharmaceutical profits. The bill seeks to ensure access to affordable medicines for American families amidst rising healthcare costs.
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Vern Buchanan Net Worth
Quiver Quantitative estimates that Vern Buchanan is worth $261.3M, as of August 4th, 2025. This is the 3rd highest net worth in Congress, per our live estimates.
Buchanan has approximately $4.3M invested in publicly traded assets which Quiver is able to track live.
You can track Vern Buchanan's net worth on Quiver Quantitative's politician page for Buchanan.
Vern Buchanan Bill Proposals
Here are some bills which have recently been proposed by Vern Buchanan:
- H.R.4548: Small Nonprofit Retirement Security Act of 2025
- H.R.4313: Hospital Inpatient Services Modernization Act
- H.R.3904: U.S. Bicycle Production and Assembly Act
- H.R.3750: FORCE-FIT Act
- H.R.3389: Alzheimer’s Law Enforcement Education Act of 2025
- H.R.2760: Middle Class Mortgage Insurance Premium Act of 2025
You can track bills proposed by Vern Buchanan on Quiver Quantitative's politician page for Buchanan.
Vern Buchanan Fundraising
Vern Buchanan recently disclosed $395.5K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 220th most from all Q2 reports we have seen this year. 45.1% came from individual donors.
Buchanan disclosed $152.0K of spending. This was the 366th most from all Q2 reports we have seen from politicians so far this year.
Buchanan disclosed $1.5M of cash on hand at the end of the filing period. This was the 210th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Vern Buchanan's fundraising on Quiver Quantitative.
