Trump Pick Loves Investing In Companies Then Passing Laws To Boost Stock Value



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

Comments

  1. I give up, i cant believe you
  2. Ha! And Trump bashed Hillary for "making tons of money" the same way this idiot Price does! What a total joke Trump is!
  3. When Trump said he was going to drain the swamp you taxpayers thought he was replacing them with upstanding people, no he's replacing them with the experts who can fleece people.
  4. To be fair....both Democratic and Republican law makers have made personal investments in companies and then used taxpayer money to pass laws that these companies directly benefit from for a Looooooong time now.......the American public is just now being let in on the scam, (oops!) I mean joke. Ha Ha
  5. TYT = FAKE NEWS
  6. he is a doctor. Maybe he believes in their service
  7. I hope someone Oswald's this piece of shit.
  8. Price should be in prison.
  9. What exactly are ethics committees doing?
  10. wheres the f.BI im pretty sure this is insider Trading?
  11. How can I find out what stocks he's looking into?
  12. Oh wow this swamp is starting to become a bog.
  13. This is what fascism look like. Only a dictators would love like Putin
  14. So....how is this legal? How is this not stopped as a conflict of interest?
  15. welcome to azerbaij....uhhh, i mean, america! thank you, trump.
  16. So goes the Trump version of draining the swamp.
  17. Hey TYT, you have a large enough platform...

    How about we get someone to set up a 'Death counter' if/when the GOP repeals the ACA and knocks the people off their insurance?

    -How many people have died since then.
    -How much money has been 'wasted' in trying to pay medical bills that would have been covered by insurance.
    -How much money the economy/govt/whatever 'lost' due to the disappearance of the ACA
  18. It is almost done. Soon Washington will be known as 'The Dead Marshes'. Beware you who venture there. I hear the gnats are huuuge.
  19. TYT = fake news


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