Congressman Krishnamoorthi requests details from CMS on drug pricing measures following Trump administration legislation increasing drug costs.
Quiver AI Summary
Congressman Raja Krishnamoorthi (D-IL) has sent a letter to CMS Administrator Mehmet Oz, seeking clarity on how the Trump administration plans to lower prescription drug prices following recent legislation. Krishnamoorthi argues that the new law delays and exempts certain drugs from negotiations, potentially costing taxpayers billions over the next decade.
In his letter, Krishnamoorthi cites that many Americans are concerned about drug costs, mentioning that "70% of those who voted for Donald Trump want to see costs come down." He warns that the legislation will impair Medicare's ability to negotiate prices, ultimately increasing drug costs.
Additionally, the congressman requested information regarding the administration's claims on price reductions, communications with pharmaceutical companies, and any plans to assist patients unable to afford excluded drugs. He emphasized the need for reforms targeting Pharmacy Benefit Managers (PBMs) to genuinely lower drug prices.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Raja Krishnamoorthi Net Worth
Quiver Quantitative estimates that Raja Krishnamoorthi is worth $3.9M, as of August 15th, 2025. This is the 185th highest net worth in Congress, per our live estimates.
Krishnamoorthi has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Raja Krishnamoorthi's net worth on Quiver Quantitative's politician page for Krishnamoorthi.
Raja Krishnamoorthi Bill Proposals
Here are some bills which have recently been proposed by Raja Krishnamoorthi:
- H.R.4890: Ending Trading and Holdings in Congressional Stocks (ETHICS) Act
- H.R.4806: College Transparency Act
- H.R.4688: COOL OFF Act
- H.R.4597: To direct the United States Postal Service to designate a single, unique ZIP Code for Pingree Grove, Illinois.
- H.R.4508: BURDEN Act
- H.R.4458: COUNTER Act of 2025
You can track bills proposed by Raja Krishnamoorthi on Quiver Quantitative's politician page for Krishnamoorthi.
Raja Krishnamoorthi Fundraising
Raja Krishnamoorthi recently disclosed $641.0K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 108th most from all Q2 reports we have seen this year. 81.4% came from individual donors.
Krishnamoorthi disclosed $10.9M of spending. This was the most from all Q2 reports we have seen from politicians so far this year.
Krishnamoorthi disclosed $9.3M of cash on hand at the end of the filing period. This was the 15th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Raja Krishnamoorthi's fundraising on Quiver Quantitative.
