Getting DTC code P0404 and P0420. What should I do?

P0420 Catalyst System Efficiency Below Threshold Bank 1

https://www.autocodes.com/p0404_chrysler.html

catalytic converter is bad - replace it

code p0404 refers to exhaust gas recirculation (EGR) valve position--range/performance problem ===causes --hose leakage/blockage--wiring ---EGR valve/solenoid
code p0420 refers to cat converter system bank 1-efficiency below threshold===causes --cat converter---wiring---HO2S 2

What code ? are a few different ones for EGR valve > Low & high circuit voltage , testing circuits , PCM testing etc.... no code tells you to replace the EGR valve without testing . Your best bet , take it to a qualified repair shop.
DTC P0401 Exhaust Gas Recirculation (EGR) Flow Insufficient
DTC P0403 Exhaust Gas Recirculation (EGR) Solenoid Control Circuit
DTC P0404 Exhaust Gas Recirculation (EGR) Open Position Performance
DTC P0405 Exhaust Gas Recirculation (EGR) Position Sensor Circuit Low Voltage

P0404
EGR Sensor Circuit Range/Performance, Stuck Open, to fix, either clean out or replace it, this should do it. p1404 relates to same problem. replace EGR and you should be ok. dont forget to clear the code when repaired.

Here is the website I use for OBDII codes:
http://www.obd-codes.com/trouble_codes/

And it says:
P0404 - Exhaust Gas Recirculation Circuit Range/Performance OBD-II Trouble Code Technical Description

Exhaust Gas Recirculation Circuit Range/Performance
What does that mean?

The EGR (Exhaust Gas Recirculation) system's purpose is to redirect exhaust gas back into the cylinders. Since exhaust gas is inert, it displaces oxygen and fuel, thereby lowering cylinder temps, which, in turn, lowers oxides of nitrogen emissions. For that reason it needs to be carefully metered into the cylinders (via the EGR valve) so as not to adversely affect the engine's performance. (Too much EGR and the engine won't idle).
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If you have a P0404, then the EGR valve is likely an electrically controlled EGR valve instead of a vacuum controlled EGR valve. Also, the valve will usually have a feedback system built into it that informs the PCM (Powertrain Control Module) what position the valve is in; open, closed, or somewhere in between. The PCM needs to know this to determine whether or not the valve is operating as needed. If the PCM determines that the valve should be operating, but the feedback circuit shows that the valve is not open, this code will set. Or if the PCM determines the valve should be closed but the feedback signal indicates that the valve is open, this code will set.
Symptoms

There may be no symptoms of a P0404 DTC other than the MIL (malfunction indicator lamp) or check engine light. However, Exhaust Gas Recirculation systems are inherently problematic due to carbon buildup in the intake manifold, etc. This normal buildup can lodge in an EGR valve, holding it open when it should be closed. If this is the case, the engine may idle rough, or not at all. If the valve has failed and is NOT opening, then symptoms would be higher combustion temps and as a result, higher Nox emissions. But the latter symptoms aren't going to be noticeable to a driver.
Causes

Usually this code points to either carbon buildup or a bad EGR valve. However that doesn't rule out the following:

• Open or short in the 5 Volt reference circuit
• Open or short in the ground circuit
• Open or short in the PCM controlled voltage circuit
• Bad PCM (less likely)

Possible Solutions

1. Using a scan tool command the EGR valve to open while watching the actual EGR position (it will probably be labeled "desired EGR" or something similar). The actual EGR position should be very close to the "desired" EGR position. If it is, then the problem is likely intermittent. It may have been a lodged piece of carbon that has since dislodged, or it could be a bad EGR valve winding that intermittently opens or shorts as the valve temperature changes.
2. If the EGR "desired" position is not close to the "actual" position, then unplug the EGR sensor. Check for a good 5 Volt reference voltage to the connector. If it doesn't show a reference voltage, repair an open or short in the 5 Volt reference circuit.
3. If there is a 5 volt reference voltage, activate the EGR with the scanner, monitor the EGR ground circuit with a DVOM (Digital Volt/Ohm meter). It should indicate a good ground. If it doesn't then repair the ground circuit.
4. If there is a good ground, then check the control circuit. It should indicate voltage that varies according to the percentage that the EGR is open. As it's open more, the voltage should increase accordingly. If it does, then replace the EGR valve.
5. If the voltage doesn't increase incrementally, then repair open or short in EGR control circuit.

P0404 - Exhaust Gas Recirculation Circuit Range/Performance OBD-II Trouble Code Technical Description

Exhaust Gas Recirculation Circuit Range/Performance
What does that mean?

The EGR (Exhaust Gas Recirculation) system's purpose is to redirect exhaust gas back into the cylinders. Since exhaust gas is inert, it displaces oxygen and fuel, thereby lowering cylinder temps, which, in turn, lowers oxides of nitrogen emissions. For that reason it needs to be carefully metered into the cylinders (via the EGR valve) so as not to adversely affect the engine's performance. (Too much EGR and the engine won't idle).
FB.init("dd7d9e9681341cde77587bc6a2029f6f"); OBD-Codes.com on Facebook

If you have a P0404, then the EGR valve is likely an electrically controlled EGR valve instead of a vacuum controlled EGR valve. Also, the valve will usually have a feedback system built into it that informs the PCM (Powertrain Control Module) what position the valve is in; open, closed, or somewhere in between. The PCM needs to know this to determine whether or not the valve is operating as needed. If the PCM determines that the valve should be operating, but the feedback circuit shows that the valve is not open, this code will set. Or if the PCM determines the valve should be closed but the feedback signal indicates that the valve is open, this code will set.
Symptoms

There may be no symptoms of a P0404 DTC other than the MIL (malfunction indicator lamp) or check engine light. However, Exhaust Gas Recirculation systems are inherently problematic due to carbon buildup in the intake manifold, etc. This normal buildup can lodge in an EGR valve, holding it open when it should be closed. If this is the case, the engine may idle rough, or not at all. If the valve has failed and is NOT opening, then symptoms would be higher combustion temps and as a result, higher Nox emissions. But the latter symptoms aren't going to be noticeable to a driver.
Causes

Usually this code points to either carbon buildup or a bad EGR valve. However that doesn't rule out the following:

• Open or short in the 5 Volt reference circuit
• Open or short in the ground circuit
• Open or short in the PCM controlled voltage circuit
• Bad PCM (less likely)

Possible Solutions

1. Using a scan tool command the EGR valve to open while watching the actual EGR position (it will probably be labeled "desired EGR" or something similar). The actual EGR position should be very close to the "desired" EGR position. If it is, then the problem is likely intermittent. It may have been a lodged piece of carbon that has since dislodged, or it could be a bad EGR valve winding that intermittently opens or shorts as the valve temperature changes.
2. If the EGR "desired" position is not close to the "actual" position, then unplug the EGR sensor. Check for a good 5 Volt reference voltage to the connector. If it doesn't show a reference voltage, repair an open or short in the 5 Volt reference circuit.
3. If there is a 5 volt reference voltage, activate the EGR with the scanner, monitor the EGR ground circuit with a DVOM (Digital Volt/Ohm meter). It should indicate a good ground. If it doesn't then repair the ground circuit.
4. If there is a good ground, then check the control circuit. It should indicate voltage that varies according to the percentage that the EGR is open. As it's open more, the voltage should increase accordingly. If it does, then replace the EGR valve.
5. If the voltage doesn't increase incrementally, then repair open or short in EGR control circuit.

P0404 EGR valve problem
Change the Exhaust Gas Recirculation valve.
This valve puts some of the exhaust gas back into the engine to cool combustion (to reduce spark knock) and lowers HC (emissions).

i know that your code says egr but it sounds more like your oxygen sensor is done .