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Wednesday, September 10, 2025

Senator Todd Young addresses pharmaceutical pricing, Federal Reserve transparency, and maritime legislation

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Senator Todd Young, US Senator for Indiana | Official U.S. Senate headshot

Senator Todd Young, US Senator for Indiana | Official U.S. Senate headshot

Senator Todd Young has recently highlighted several legislative and policy issues through his social media posts, focusing on trade, financial transparency, and the maritime industry.

On July 21, 2025, Senator Young commented on international pharmaceutical pricing policies. He stated, "Some nations benefit from U.S.-financed innovation by implementing policies that suppress prices and limit spending on new medicines in their own markets. These price controls leave Americans paying more and should be addressed in trade talks."

The following day, July 22, he expressed support for increased oversight of the Federal Reserve. In his words: "The 'Audit the Fed' bill would provide more transparency to the American people and more insight into how the Federal Reserve operates. I support this common-sense step towards good government."

Later that same day, Senator Young promoted legislation aimed at revitalizing domestic shipbuilding. He wrote: "The American maritime industry is ready to move to the next level. My SHIPS for America Act will turbocharge that progress by incentivizing companies from around the world to build ships in America again and developing the workforce to do it."

Senator Todd Young represents Indiana in the United States Senate and has been active on issues related to economic competitiveness and national security. Price controls on pharmaceuticals have been a recurring topic in U.S. trade negotiations; American officials have argued these measures can shift research costs onto U.S. consumers (Council on Foreign Relations). The "Audit the Fed" proposal has periodically surfaced in Congress as lawmakers debate how much oversight is appropriate for central bank operations (Congress.gov). The SHIPS for America Act follows longstanding efforts to bolster U.S. shipbuilding capacity amid concerns about supply chain resilience (Maritime Executive).

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