Hi there,

With lies and disinformation flooding the media landscape, and the Trump administration increasing its attacks on journalists, the need for independent news questioning and challenging those in power is more critical now than ever. We do not take any government or corporate funding, so we can remain unwavering in our commitment to bring you fearless trustworthy reporting on the issues that matter most. If our journalism is important to you, please donate today. Every dollar makes a difference. Thank you so much.

Democracy Now!

Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Report: 30 Lawmakers Have Financial Holdings in Healthcare Industry

HeadlineJun 15, 2009

The Washington Post has revealed almost thirty key lawmakers helping draft landmark healthcare legislation have financial holdings in the industry, totaling nearly $11 million worth of personal investments. Senate Majority Leader Harry Reid has at least $50,000 invested in a healthcare index. Republican Sen. Judd Gregg, a senior member of the health committee, has up to $560,000 worth of stock holdings in major healthcare companies, including Bristol-Myers Squibb and Merck. The family of Democratic Congresswoman Jane Harman held at least $3.2 million in more than twenty healthcare companies at the end of last year. On Tuesday, the Senate Health, Education, Labor and Pensions Committee plans to hold a key hearing to discuss healthcare reform. On that twenty-two-member panel, at least eight senators have financial interests in the healthcare industry. The hearings will be led by Democratic Senator Christopher Dodd, whose wife serves on the boards of four healthcare companies. She received more than $200,000 in salary and stock from her service last year.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top