Schumer: New Report on Rep. Price Stock Trades In Company He Was Helping Casts Doubt on Price's Fitness to Lead HHS

January 16, 2017

Washington, D.C. – U.S. Senator Charles E. Schumer released the following statement on a new CNN report detailing HHS Secretary nominee Rep. Price's trading stock in a company while introducing legislation that would benefit that company:

"This new report makes clear that this isn't just a couple of questionable trades, but rather a clear and troubling pattern of Congressman Price trading stock and using his office to benefit the companies in which he is investing. The President-elect claims he wants to drain the swamp, but Congressman Price has spent his career filling it up.

"The Office of Congressional Ethics needs to conduct an immediate and thorough investigation into these potential violations of the STOCK Act before Rep. Price's nomination moves forward.

"This report and his previous trades cast serious doubt on whether Congressman Price is fit to hold the office of Secretary for Health and Human Services."

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