U.S. Department of Health and Human Services | KERA News

U.S. Department of Health and Human Services

Updated at 1:48 p.m. ET

President Trump is nominating a former pharmaceutical executive to lead the Department of Health and Human Services, the agency that, among other things, regulates prescription drugs.

The nomination comes at a time when rising drug prices have become a hot political issue.

Updated at 7:25 p.m. ET

Health and Human Services Secretary Tom Price resigned Friday in the face of multiple investigations into his use of private charter and military jets to travel around the country at taxpayer expense. Later, the White House placed new requirements on officials' air travel plans.

A statement released by the White House Friday afternoon said that Price had "offered his resignation earlier today and the president accepted."

The Trump administration plans to cap the number of refugees the U.S. will accept next year at 45,000. That is a dramatic drop from the level set by the Obama administration and would be the lowest number in years.

The White House formally announced its plans in a report to congressional leaders Wednesday, as required by law.

The number of refugees the U.S. admits has fluctuated over time. But this cap is the lowest that any White House has sought since the president began setting the ceiling on refugee admissions in 1980.

The Senate confirmed Rep. Tom Price, R-Ga., early Friday as the new secretary of Health and Human Services.

He was approved by a party-line vote of 52-47. Democrats were concerned that the conservative congressman wants to pare down government health programs. They were also troubled by lingering ethics questions over Price's investments.

<a href="http://www.shutterstock.com" target="_blank">Shutterstock</a>

Under the federal health care law, Texas will receive the most health insurance rebates of any state. The Affordable Care Act requires insurance companies that spend less than 80 percent of premiums on actual health care to rebate customers.