You won't believe the stock market shenanigans Tom Price has been up to… or will you? Cenk Uygur and John Iadarola, hosts of The Young Turks, discuss. Tell us what you think in the comment section below. http://tytnetwork.com/go “Rep. Tom Price, Donald Trump’s pick for Health and Human Services Secretary bought thousands of dollars worth of shares in a medical device manufacturer days before introducing legislation to delay an industry regulation that would directly hurt the manufacturer, CNN reports. Price bought between $1,001 to $15,000 worth of stock in Zimmer Biomet, an Indiana based firm that produces orthopedics products, in March 2016. According to CNN, the following week, Price introduced the HIP Act, a bill designed to delay a new regulation that would harm Zimmer Biomet’s bottom line. The bill involved a new Centers for Medicare and Medicaid Services regulation that changed how manufacturers like Zimmer Biomet receive Medicare reimbursement. Price objected to the regulation, even spearheading a letter to Andy Slavitt, acting administrator of CMS. According to CNN, two days after Price’s letter to Slavitt, Zimmer Biomet PAC donated $1,000 to Price’s reelection campaign. Three months later, after Price introduced the legislation, the PAC donated another $1,000. Larry Nombel, general counsel at the watchdog group Campaign Legal Center, told CNN if Price “believed in the bill, he should not have purchased the stock.””* Read more here: https://www.rawstory.com/2017/01/busted-trump-hhs-pick-introduced-legislation-benefitting-medical-company-2-weeks-after-buying-their-stock/ Hosts: Cenk Uygur, John Iadarola Cast: Cenk Uygur, John Iadarola *** The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 6-8pm ET. http://www.tytnetwork.com/live Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary) Download audio and video of the full two hour show on-demand + the members-only post game show by becoming a member at http://www.tytnetwork.com/join/. Your membership supports the day to day operations and is vital for our continued success and growth. Get The Young Turks Mobile App Today! Download the iOS version here: https://itunes.apple.com/us/app/the-young-turks/id412793195?ls=1&mt=8 Download the Android version here: https://play.google.com/store/apps/details?id=com.tyt
Visibility: 59584
Duration: 6m 43s
Rating: 1521