UPDATE 1-Pelosi still hopes to work with Trump on legislation despite impeachment inquiry

House Speaker Nancy Pelosi said on Wednesday she hopes to keep working with U.S. President Donald Trump on legislation, even though she announced the day before that her chamber was launching a formal impeachment inquiry that could ultimately remove Trump from the White House.

Pelosi, a Democrat, said she spoke with Trump by phone on Tuesday about the potential to enact legislation on preventing gun violence. Any bill that passes the Democrat-dominated House must also be approved by the Republican-led Senate and then be signed by Trump, also a Republican, to become law. When told by reporters that the White House had said she destroyed any chance of legislation with her announcement of an impeachment inquiry, Pelosi said "that's not what he told me" during the Tuesday call.

She also said she hoped to still be able to work with Trump on drug pricing. "I certainly hope so. I don't think that erases any concern he might have for America's working families and their need for lower drug prices," Pelosi told reporters when asked whether she still hoped to work with Trump on legislation to lower drug prices.