Chuck Grassley

The Cantwell-Grassley PBM Transparency Act directs the FTC to end well-known and documented PBM practices that drive up consumer costs.

I've hauled Big Pharma and PBM executives before the Finance Committee.

Our investigation found that the PBM scheme encourages drug makers to spike the drug's list price in order to offer a greater rebate.

PBMs are blocking a cheaper product.

Today, three PBMs control 80 percent of the market.

It requires the FTC to study pharmaceutical intermediaries and issue a report and recommendations to Congress within one year.

Our bill has guardrails. It does not give FTC any new power or regulatory authority.

The Cantwell-Grassley PBM transparency bill directs the FTC to end well-known and documented PBM practices that drive up consumer price.

PBMs are blocking a cheaper product.

I hope this committee will have the same success voting this bill out.

I believe, like Senator Cruz just said, that the consumer ought to be the point of everything that we are trying to accomplish.

I have long had concerns with the FTC's vague statutory authority, but at this moment, we cannot ignore the current state of affairs at the FTC.

I worked at the FTC, and I can tell you that with the Agency's overreach and activism, which will no doubt be difficult to sustain in court, it is no surprise that FTC staff morale has dramatically dropped.

It is shocking that a commissioner would choose to resign rather than watch an agency's bipartisan tradition crumble in front of her eyes.

Improved information sharing between CBP and its private-sector partners would aid efforts to identify and curtail the sale of counterfeit imports.

The rise of global e-commerce presents profound new challenges for the responsibility of governments to collect revenue and enforce safety and security.

Fentanyl--which is coming from China and destroying our communities.

Our rising deficits are cast by a lot of people as long-term challenge, but not immediate problem today.

I urge under your leadership to hold a hearing with CBO on the latest outlook.

For decades, Congress turned a blind eye as our nation walked toward a fiscal cliff, but Democrats turned that walk into a sprint.

Addressing poor taxpayer service needs to be a high priority for you.

Yes. I don't have a question, but you said--even though I have 1 and 12 seconds left, I'd like to just make a statement, but it's kind of a question for information from Dr. Litterman and Dr. Carney and it deals with the ESG movements…

But that banker in Parkersburg can say to Chuck Grassley you tell us what your carbon footprint is.

So, let's just assume that the FDIC or some other regulator or bank say to the community bank in Parkersburg, Iowa that you've got to make sure that you know what the carbon footprint is of the farmer and in 60 years of arming I don't know…

Our rising deficits are cast by a lot of people as long-term challenge, but not immediate problem today.