Schumer Says Trump’s HHS Nominee May Have Broken The Law
Orrin Hatch said he resented the line of questioning, calling it “hypocritical”, and Republican Sen.
Price said he is enthusiastic about the opportunity to lead the Department of Health and Human Services.
He said the parties aren’t as far apart on health care as people may think, even though it is the subject of the first major fight in the new Congress. But Price repeatedly said he didn’t know about the specifics of any of those stock trades and had no insider information when they were made.
Bernie Sanders snapped at Trump Health and Human Services Sec. nominee Georgia Republican Rep. Tom Price Wednesday at Price’s confirmation hearing for saying he believed the United States is a “compassionate society”. The president-elect will be inaugurated Friday.
Price spokesman Phil Blando didn’t address the issue directly with CNN but referenced a larger review of Price’s current stock holdings by the Office of Government Ethics. But any replacement health plan would have to clear another hurdle: how to pay the expense of treating patients like 18-year old Alexandra Hulme who has juvenile arthritis and has her care covered through an Affordable Care Act plan.
Democrats such as New York Sens.
This is how an Obamacare “replacement” plan will be sold.
Noble said other rules may apply, “If they’re giving him a discounted price, that seems like it would be a gift and covered by the ethics rules”.
Since his stunning election night victory, Donald Trump and the greater Republican Party have been noncommittal at best about the former’s vow to preserve the country’s Medicare, Medicaid and Social Security benefits.
Can you guarantee to this committee that you will safeguard President-Elect trump’s promise and while you are HHS secretary you will not use your authority to carry out a single dollar of cuts to medicare or medicaid eligibility or benefits? If confirmed, he would be a key player in carrying out Trump’s plans to overhaul Democratic President Barack Obama’s signature healthcare law. Republicans plan to strip the organization of federal funding over its abortion practice. Al Franken of Minnesota, Elizabeth Warren of MA and Tammy Baldwin of Wisconsin said in a letter to committee Chairman Lamar Alexander, R-Tenn.
U.S. media reports that an aide to Price claimed that Price had no knowledge of the purchase, which was done by a broker. The Wall Street Journal also reported that Price, who is an orthopedic surgeon, made trades worth more than $300,000 in stocks of healthcare and pharmaceutical companies over the last four years, during which he was a member of a House health subcommittee. But the timing of the stock purchase, so soon after Price introduced related legislation, makes Schumer believe that a broker independently making the purchase would be “kinda unusual”. Plus, the trades have been disclosed. But the committee’s top Democrat, Sen. Patty Murray (D-Wash.) warned. Both Price and Rep. Chris Collins (R-N.Y.) received a below-market price when they bought shares in the Australian biotech company through a private placement, according to Kaiser Health News.
But Price objected, “That’s not what happened”.
Mrs. Murray insisted the episode was “inappropriate” and demanded answers.