Key Senate Republican Bucks McConnell to Push for Drug Pricing

Senate Finance Chairman Chuck Grassley is ready to defy Congress’s most powerful Republican to advance a bill to lower prescription drug prices.

That would mean teaming up with House Speaker Nancy Pelosi and nearly four dozen Senate Democrats. To round out this unlikely partnership, Grassley hopes President Donald Trump will back the effort.

Mitch McConnell

Photographer: Andrew Harrer/Bloomberg

The only problem is Senate Majority Leader Mitch McConnell.

Grassley said Tuesday that some of his Republican colleagues have resisted his legislation, which would penalize drugmakers who raise prices faster than inflation, because McConnell told them not to support it. However, Grassley said he expects ...