USA Today: HHS pick bought stock, then wrote bill benefiting company

From USA Today

HHS pick bought stock, then wrote bill benefiting company

http://usat.ly/2k0f6Eo

President Trump’s nominee to be the nation’s top health official introduced legislation last May that benefited a health company he had recently invested in.The $15,000 purchase of shares in McKesson is but the latest financial action raising questions about possible conflicts of interest during the confirmation battle over Rep. Tom Price, R-Ga. The orthopedic surgeon was approved by the Senate Finance Committee on Wednesday and his nomination will soon be voted on by the full Senate.Price introduced the Patient Access to Durable Medical Equipment Act on May 12, a week after McKesson warned in its annual report to stockholders that its profits and those of its clients were at risk because of cuts faced in Medicare payments. Price’s stockbroker informed him of the purchase in early April, according to a report Price submitted to the House.

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