Price Bought Drug Stock, Aided Firm - Diverse Health

Higher Education News and Jobs

Price Bought Drug Stock, Aided Firm

Email
   
        


by Robert Faturechi

On the same day the stockbroker for then-Georgia Congressman Tom Price bought him up to $90,000 of stock in six pharmaceutical companies last year, Price arranged to call a top U.S. health official, seeking to scuttle a controversial rule that could have hurt the firms’ profits and driven down their share prices, records obtained by ProPublica show.

Stock trades made by Price while he served in Congress came under scrutiny at his confirmation hearings to become President Trump’s secretary of health and human services.

Read More

Comments

Print Friendly

Related Articles

Bill Would Expand Care for Veterans Republican Georgia Sen. Johnny Isakson has proposed legislation to increase access to privatized medical coverage for American veterans paid for by the federal government. Georgia Senator Johnny Isakson, who chairs the committee, looks to accompli...
Nevada Moves to Combat Pot Bottleneck CARSON CITY, Nev. —- Nevada has moved to reduce supply problems at recreational marijuana stores that have faced overwhelming demand for newly legal pot and the possibility of their shelves going empty. Regulators approved emergency rules that wo...
Panel Asks FDA to Review Opioid Safety The U.S. Food and Drug Administration should review the safety and effectiveness of all opioids, and consider the real-world impacts the powerful painkillers have, not only on patients, but also on families, crime and the demand for heroin. That's...
HHS: ‘Largest Healthcare Fraud Takedown in History’ In a statement, the HHS Office of the Inspector General said the takedown sends “a strong signal that theft from these taxpayer-funded programs will not be tolerated.” A few particular schemes HHS highlighted include five physicians in Michigan w...