Elizabeth Warren

On May 30th, the President said that in reaction to the release of the Drug Pricing Blueprint, drug companies would be, quote, ``announcing voluntary massive drops in prices within 2 weeks.''

Families cannot afford for us to keep waiting for a real plan, which is why Democrats are going to keep fighting for commonsense solutions that would actually make a difference, like negotiating lower prices through Medicare.

We need an ambitious plan to drive drug prices down, not one so small that it sends pharmaceutical stocks soaring in relief.

I'm particularly curious about what our Republican colleagues think about our ideas now and whether they're now ready to join us at the table.

Secretary DeVos has filled the department with for-profit college hacks who only care about making sham schools rich and shutting down investigations into fraud.

The defining economic event of the last 50 years was the 2008 financial crisis, and as Alan Greenspan later admitted, it was brought about in part because the Fed did not do its job on regulation.

I will take that as, no, you cannot come up with a reason, but you are not telling me you will commit to keeping capital standards high.

Can you just give me any reason why you think it would be appropriate to reduce capital standards for giant financial institutions?

So why on Earth would this be the time to reduce capital standards for these too-big-to-fail banks?

Most experts agree that too-big-to-fail is still a problem, and meanwhile the biggest banks are making huge profits.

So given your agreement that the new rules have made the financial system safer, are you concerned that the Fed is looking to reverse course and lower capital standards for the biggest banks?

Do you agree that inadequate regulation of banks helped lead to the 2008 financial crisis?

If the President is truly worried about the connection between high drug prices and the 340B Program, he could start by implementing the law that Congress wrote to actually stop drug companies from cheating on their discounts.

The reason you have not received any referrals is because the Trump administration has already delayed the implementation of these penalties not once, not twice, not three times, but four separate times since 2017.

These findings led Congress to include a provision in the Affordable Care Act to crackdown on this behavior.

There is just no way to catch them on this.

The GAO raised concerns that the 340B Program, quote, 'Primarily relies on self-policing; that is, participants ensuring their own compliance with program requirements.'

In order for the 340B Program to work, the ceiling price calculations need to be done correctly, and there need to be consequences when drug companies break the law and deliberately overcharge for these drugs.

The 340B Program has one basic requirement, that drug companies must provide discounted medications to hospitals and clinics caring for the most vulnerable patients: children with cancer, the uninsured, the underinsured, people with HIV…

I see an industry that is doing everything it can to throw sand in the gears of the insulin market.

I think that is great. But we cannot mistake this market for a competitive market.

So my view on this is that when it comes to keeping prices low for consumers, nothing beats a competitive market.

The answer is, after a hundred years, zero.

What steps, if any, has the Navy taken to reprioritize mission demands across combatant commands?

So are you saying for certain that the language of the legislation cannot be interpreted to allow JPMorgan and Citi to reduce their capital by an estimated $30 billion?