#Toem price series

Verma leads the Centers for Medicare & Medicaid Services, which runs health insurance programs that cover more than 130 million Americans. Seema Verma, a protege of Vice President Pence's, has been mentioned as a possible successor to Price, The Associated Press reports.

In another case, Price bought shares in Zimmer Biomet, an Indiana-based manufacturer of replacement knees and hips, and then introduced a bill that would have affected the price of such joint replacement surgery. In one case he got access to special discounted shares of an Australia-based biotech company called Innate Immunotherapeutics. Price, 62, who had been chairman of the powerful House Budget Committee and a member of the tax-writing Ways and Means Committee, says he followed all congressional ethics rules, but his well-timed trades made it appear that he could have used his position to influence the price of stocks he owned or that he had received special treatment from companies in which he invested.

#Toem price series

The travel scandal wasn't Price's first brush with ethics problems.ĭuring his confirmation hearing he faced tough questioning from Democrats over a series of stock trades in which he made money selling shares in companies over which his committees or the House held sway. Price was often criticized for what appeared to be efforts to undermine a law he was charged with implementing. While serving as head of HHS, he cut the agency's spending for outreach and advertising in support of the insurance exchanges created by the law and issued news releases and created videos critical of the law's effects on the individual insurance markets.

He had a reputation as a budget hawk who would fight government waste and rein in spending.Ī former orthopedic surgeon, Price was a fierce opponent of the ACA, also known as Obamacare.