Instead of doing Wall Street's bidding, we all--and I include the Fed, the Treasury Department, and this Congress--we all need to support the institutions that work at serving their neighbors and contributing to the real economy.
Warren calls for support of institutions that benefit local economies over Wall Street.
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Without greater visibility into these acquisitions, it is not just national security that could be on the line — Americans’ access to medicines is also at risk.
Breaking up the healthcare conglomerates that have enriched themselves by immiserating patients and cheating employers is good policy.
I urge DOD to flatly prohibit vertical integration in the next TRICARE pharmacy contract. A vertically integrated PBM has every incentive to line its own pockets, and DOD should not be using taxpayer dollars to fund these schemes.
A Paramount-Warner Bros. megamerger would mean higher costs and fewer choices for Americans. Good news: the states are stepping up to block this antitrust nightmare. This fight isn’t over.
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