Donald Trump’s choice of health secretary may have broken the Stock Act
Washington — US president-elect Donald Trump’s choice to run the Department of Health and Human Services may have broken the law by making a stock purchase just before he introduced legislation that would have benefited the firm, the Senate’s leading Democrat charged on Tuesday. A confirmation hearing for Tom Price, a Republican congressman and orthopaedic surgeon from Georgia, was scheduled for Wednesday before the Senate health committee. If confirmed, he would be a key player in carrying out Trump’s plans to overhaul Democratic President Barack Obama’s signature healthcare law. CNN reported on Sunday that Price bought between $1,001 and $15,000 worth of shares last March in Zimmer Biomet Holdings, a medical device manufacturer. Days later, he introduced legislation in the House of Representatives that would have delayed a regulation that could have ultimately damaged the company, CNN said. Senator Chuck Schumer of New York, the leader of the Democratic minority in the Senate, cal...
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