Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Latest Breaking News
In reply to the discussion: HHS Secretary Tom Price resigns [View all]lostnfound
(16,138 posts)24. At least by Preet Bharara before he was fired by Trump
Preet Bharara was investigating it before he was fired by Trump.
https://www.propublica.org/article/preet-bharara-fired-investigating-tom-price-hhs-stock-trading
In December, the Wall Street Journal reported that Price traded more than $300,000 worth of shares in health companies over a recent four-year period, while taking actions that could have affected those companies. Price, an orthopedic surgeon, chaired the powerful House Budget Committee and sat on the Ways and Means Committees health panel.
In one case, Price was one of just a handful of American investors allowed to buy discounted stock in Innate Immunotherapeutics a tiny Australian company working on an experimental multiple sclerosis drug. The company hoped to be granted investigational new drug status from the Food and Drug Administration, a designation that expedites the approval process.
Members of congress often try to apply pressure on the FDA. As ProPublica has reported, Prices office has taken up the causes of health care companies, and in one case urged a government agency to remove a damaging drug study on behalf of a pharmaceutical company whose CEO donated to Prices campaign.
In one case, Price was one of just a handful of American investors allowed to buy discounted stock in Innate Immunotherapeutics a tiny Australian company working on an experimental multiple sclerosis drug. The company hoped to be granted investigational new drug status from the Food and Drug Administration, a designation that expedites the approval process.
Members of congress often try to apply pressure on the FDA. As ProPublica has reported, Prices office has taken up the causes of health care companies, and in one case urged a government agency to remove a damaging drug study on behalf of a pharmaceutical company whose CEO donated to Prices campaign.
Edit history
Please sign in to view edit histories.
74 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
He's being cut loose for much more than his private plane trips. Isn't he under investigation by...
Tarheel_Dem
Sep 2017
#8
I don't know about that, but he's being blamed for the failure of "repeal and replace".
George II
Sep 2017
#12
Under investigation for major trading on health care stocks that he was legislating
lostnfound
Sep 2017
#18
Thanks. I thought I had heard something to that effect. So firing Preet made it all go away? nt
Tarheel_Dem
Sep 2017
#29
He needs to pay us back for the money he used to travel before he goes to jail.
TNNurse
Sep 2017
#36
Nah! Let him work it off in jail...down in the laundry room. With a cellmate named Big Bubba! n/t
jamesatemple
Sep 2017
#60
The beauty of this is that it came about as a result of a leak from the inside.
mahatmakanejeeves
Sep 2017
#20
Every R Senator confirmed his nomination KNOWING he was a self-serving grifter...
lamp_shade
Sep 2017
#21
My bet is this has more to do with not repealing the ACA than the travel expenses
rurallib
Sep 2017
#49
If one exists, he'll find him. He's probably poring over police blotters right now.
George II
Sep 2017
#67