Posted by Michael Wonder on 23 Dec 2016
Donald Trump’s pick for Health Secretary traded medical stocks while in house
22 December 2016 - Rep. Tom Price has sponsored and advocated legislation that could affect the companies’ share prices.
President-elect Donald Trump’s pick to run the Health and Human Services Department traded more than $300,000 in shares of health-related companies over the past four years while sponsoring and advocating legislation that potentially could affect those companies’ stocks.
Rep. Tom Price, a Georgia Republican, bought and sold stock in about 40 health-care, pharmaceutical and biomedical companies since 2012, including a dozen in the current congressional session, according to a Wall Street Journal review of hundreds of pages of stock trades he filed with Congress.
In the same two-year period, he has sponsored nine and co-sponsored 35 health-related bills in the House.
His stock trades included Amgen, BMS, Eli Lilly, Pfizer and Aetna.
