FAKE NEWS: CNN Reports Tom Price Bought Health Care Stock, Then Enriched Himself. Nope.
Drew Angerer/Getty Images
JANUARY 17, 2017
Last week, Democrats launched a full-scale media press for an investigation
into potential Trump Secretary of Health and Human Services Rep. Tom Price
(R-GA) for corruption. Why? Because according to Public Citizen, Price
traded some $300,000 in health care stocks while presiding over regulation
of the health care industry as chair of the House Budget Committee. Senator
Patty Murray announced on Thursday, “I urge Republicans to work
with us to make sure we have all the facts in front of us and they are fully
reviewed before Congressman Price advances.”
into potential Trump Secretary of Health and Human Services Rep. Tom Price
(R-GA) for corruption. Why? Because according to Public Citizen, Price
traded some $300,000 in health care stocks while presiding over regulation
of the health care industry as chair of the House Budget Committee. Senator
Patty Murray announced on Thursday, “I urge Republicans to work
with us to make sure we have all the facts in front of us and they are fully
reviewed before Congressman Price advances.”
This was all vague. But then the bombshell: according to CNN, Price invested
in a health care company, then pushed legislation to drive up the stock price.
Smoking gun! Dead to rights!
in a health care company, then pushed legislation to drive up the stock price.
Smoking gun! Dead to rights!
Here was the CNN report:
Price bought between $1,001 to $15,000 worth of shares last March in Zimmer Biomet, according to House records reviewed by CNN. Less than a week after the transaction, the Georgia Republican congressman introduced the HIP Act, legislation that would have delayed until 2018 a Centers for Medicare and Medicaid Services (CMS) regulation that industry analysts warned would significantly hurt Zimmer Biomet financially once fully implemented.
CNN then quoted a bevy of ethics experts saying that the situation was quite grave.
And then Ellen Carmichael, who has worked for Price, thoroughly debunked
the story:
the story:
Good morning, all. Who's ready to see the Price CNN story debunked from start to finish? Here we go... (1/x)
.@RepTomPrice has a Morgan Stanley brokered-directed stock portfolio. He is not personally engaged in trades made on his behalf. (2/x)
@ellencarmichael @RepTomPrice A broker-directed stock portfolio is a lot different from a blind trust. Remember the broker serves at the pleasure of the client.
@AG2Pearl @RepTomPrice Tom Price is absolutely not engaged in the management of his portfolio. And even if he was, the timeline doesn't match CNN's claims.
Good morning, all. Who's ready to see the Price CNN story debunked from start to finish? Here we go... (1/x)
Good morning, all. Who's ready to see the Price CNN story debunked from start to finish? Here we go... (1/x)
CNN says that @RepTomPrice introduced legislation after purchasing stock. This is demonstrably false. Work on this began in 2015! (5/x)
Good morning, all. Who's ready to see the Price CNN story debunked from start to finish? Here we go... (1/x)
Good morning, all. Who's ready to see the Price CNN story debunked from start to finish? Here we go... (1/x)
Good morning, all. Who's ready to see the Price CNN story debunked from start to finish? Here we go... (1/x)
Good morning, all. Who's ready to see the Price CNN story debunked from start to finish? Here we go... (1/x)
Good morning, all. Who's ready to see the Price CNN story debunked from start to finish? Here we go... (1/x)
Good morning, all. Who's ready to see the Price CNN story debunked from start to finish? Here we go... (1/x)
And they're lucky he's not the kind of person to them that they are to him. He's not spiteful, angry or mean. But he should beFAKE NEWS: CNN Reports Tom Price Bought Health Care Stock, Then Enriched Himself. Nope.
Drew Angerer/Getty ImagesJANUARY 17, 2017Last week, Democrats launched a full-scale media press for an investigation into potential Trump Secretary of Health and Human Services Rep. Tom Price (R-GA) for corruption. Why? Because according to Public Citizen, Price traded some $300,000 in health care stocks while presiding over regulation of the health care industry as chair of the House Budget Committee. Senator Patty Murray announced on Thursday, “I urge Republicans to work with us to make sure we have all the facts in front of us and they are fully reviewed before Congressman Price advances.”This was all vague. But then the bombshell: according to CNN, Price invested in a health care company, then pushed legislation to drive up the stock price. Smoking gun! Dead to rights!
Good morning, all. Who's ready to see the Price CNN story debunked from start to finish? Here we go... (1/x)
After working for him and knowing him so long, I will vouch for @RepTomPrice's character to anyone at any time. This is shameful. (14/14)
Price’s spokesman said that Price would submit all holdings information to the Office of Government Ethics, and that Price would abide by any rulings by the OGE.
So, the new narrative that Price bought stocks and then designed legislation to enrich himself isn’t true. It’s Fake News.
No comments:
Post a Comment
Thanks for commenting. Your comments are needed for helping to improve the discussion.