While President Donald Trump announced on Tuesday that Pfizer, one of the leading pharmaceutical companies, had agreed to lower its prices for prescription drugs offered through Medicaid, he also revealed his administration's goal of launching a "TrumpRx" website.

The president said the site would be a place where Americans can buy prescription medications at a discounted rate directly, not through insurance. He said the move would help improve healthcare access for low-income Americans.

"This is a critical step forward [ in ] our work to improve healthcare in hard-working, low-income Americans -- especially low-income Americans, will be helped so greatly," Trump said.

A senior Trump administration official told ABC News after the announcement that the White House "hopes" to make th

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