Republicans Are Warning Drug Companies Not To Cooperate With A Congressional Investigation

[Fla Dem]

The House Oversight Committee is attempting to study how drug companies set prescription drug prices, but Republicans have warned the industry that it may be better for them not to cooperate.


Paul McLeod
BuzzFeed News Reporter

Washington, DC

Posted on April 8, 2019, at 6:33 p.m. ET

WASHINGTON — In an unusual move, House Republicans are warning drug companies against complying with a House investigation into drug prices.

Republicans on the House Oversight Committee sent letters to a dozen CEOs of major drug companies warning that information they provide to the committee could be leaked to the public by Democratic chair Elijah Cummings in an effort to tank their stock prices.

Cummings requested information from 12 drug companies such as Pfizer Inc., Johnson & Johnson, and Novartis AG in January as part of a broad investigation into how the industry sets prescription drug prices.

In their letters, Reps. Jim Jordan and Mark Meadows — leaders of the hardline conservative House Freedom Caucus — imply that Cummings may be attempting to collect the information in order to bring down the industry’s stock prices.

They write that Cummings is seeking sensitive information “that would likely harm the competitiveness of your company if disclosed publicly.” They then accuse Cummings of “releasing cherry-picked excerpts from a highly sensitive closed-door interview” conducted in an investigation into White House security clearances. “This is not the first time he has released sensitive information unilaterally,” says the letter. The authors say they “feel obliged to alert” the drug companies of Cummings’ actions.

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https://www.buzzfeednews.com/article/paulmcleod/republicans-warn-drug-companies-oversight-investigation

[Fla Dem]

1. Jordan and Meadows should be charged with obstruction of justice

interfering with a Congressional investigation.

[RKP5637]

2. K&R !!!!!!!!!!!!!!!!!!!!!! n/t

[democratisphere]

6. Let the investigations and indictments roll.

Jordan and Meadows are common criminals.

[shraby]

3. Isn't that their modus operandi????

[PeeJ52]

4. Shouldn't this be looked into, questioned, and publicized by all the mainstream media???

I don't get this at all. These guys should be having to explain their stance hourly on TV to the American people. You can't justify telling a company not to cooperate with your bodies hearing. This isn't right at all.

[Hortensis]

5. "BAD people." My husband's response

cleaned up a bit. Yes, they are very bad. The Republican leadership and donor classes purged all who were not willing to be within the last 15 years.

[Haggis for Breakfast]

7. Somebody needs to read their job descriptions to them.