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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

Where you have a record of NIH employees owning stock and taking consulting fees and doing research which directly relates to the specific company and not filing financial disclosures, why should those employees, who are paid more than…

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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

If you accept the facts as I have stated them, would people in that category not be fairly asked to file public financial disclosure forms?

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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

Are you saying that you are suspending these arrangements while the investigation goes on?

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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

I am very much interested in your views on that as an evaluation which we are going to have to go into greater depth on.

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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

The Congress really does not want to get into this, if we do not have to, to micro-manage what you are doing, but I think that there are really major problems here.

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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

But these allegations will give fuel to people who want to cut back on your funding.

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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

The first line is to have transparency with a public disclosure so that people can see what is going on.

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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

Do you think it would be appropriate to ask a man in your position to file a public financial disclosure statement?

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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

Well, it would require a very intensive investigation to make a determination as to whether that line was crossed.

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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

What is the consequence to an NIH employee who has this kind of a relationship and does not make the required financial disclosure?

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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

Obviously, there can be an inquiry into each individual case to see, on the facts of that individual case, whether there is a violation of the rules and regulations.

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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

So you are saying there need not be a change in the statute? That was my question.

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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

Do you think there would be a significant loss of researchers at NIH if there was a blanket prohibition against consulting fees or owning stock in a pharmaceutical company?

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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

I think these rules need transparency, need strengthening, et cetera, but I think it would be a mistake for a complete prohibition.

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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

I think the hearing has been very useful in covering the consensus on public disclosure without any complex definitions.

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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

Are you not in a position, knowing that, to impose a sanction if one is appropriate?

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Arlen Specter
@arlenspecter· Democratic · PA· Jan 22, 2004

Would not at minimum those individuals fit into the category of the kind of responsibilities which would warrant public disclosures?

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