zero out of 10 said that they had lowered any prices, zero out of 10 gave any indication that they plan to do so.
Elizabeth Warren
The Public Record
Elizabeth Ann Warren is an American attorney, academic, and politician serving as the senior United States senator from Massachusetts since 2013. A member of the Democratic Party, she has been a prominent advocate for consumer protection, economic equality, and corporate regulation. Warren gained national recognition for her work in establishing the Consumer Financial Protection Bureau and has focused on issues such as student debt relief and healthcare reform during her tenure in the Senate.
Can you guarantee that no Medicare beneficiary will pay higher drug prices as a result of your plan to change coverage under Medicare?
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.
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.
It's been 2 weeks, and there have been no decreases and an indication of increases.
the President's promise that we would see massive decreases in 2 weeks hasn't happened and there's no--you don't have anyone lined up who's actually going to decrease drug prices.
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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…
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.
Can you just give me any reason why you think it would be appropriate to reduce capital standards for giant financial institutions?
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?
These findings led Congress to include a provision in the Affordable Care Act to crackdown on this behavior.
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.
Do you agree that inadequate regulation of banks helped lead to the 2008 financial crisis?
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.
Most experts agree that too-big-to-fail is still a problem, and meanwhile the biggest banks are making huge profits.





