Also the same members of congress passing laws are also heavily invested in Pfizer and co .
Pfizer Inc organization profile: 39 members of congress invested in Pfizer Inc in 2018. Find out who.
www.opensecrets.org
“On the campaign trail, Rep. Joe Kennedy III (D-Mass.) casts himself as a fighter who takes on big pharma. His disclosure shows he’s profited from rising drug prices. Last year, he reported owning up to $2.1 million in stock in pharmaceutical and health products companies in a family trust. Those include industry giants such as Johnson & Johnson, Merck, Abbott Laboratories, Eli Lilly & Co and Pfizer.
Kennedy, who is challenging Sen. Ed Markey (D-Mass.), has also come under scrutiny for owning millions in oil company stock while running on climate issues. Kennedy has said he has no control over the assets in his family trust.
Pfizer is one of the most popular stocks in Congress, with 48 lawmakers placing their bet on the drugmaker that hikes its prices each year. Rep. Jim Sensenbrenner (R-Wis.), the second most senior congressman, reported holding between $1 million and $5 million in Pfizer stock. Forty-seven lawmakers reported investing in Johnson & Johnson, despite the drugmaker’s role in the devastating opioid epidemic. “
Jerome Adams acknowledged earlier missteps but says he's confident in plans for vaccine distribution. And after the Thanksgiving spike in cases, he says "targeted closures and mandates" may be needed.
www.npr.org