The U.S. Senate Committee on Health, Education, Labor, and Pensions (HELP), chaired by Senator Bernie Sanders, is holding an executive session today as they investigate why the prices of prescription drugs are so high in the U.S.
Senator Sanders announced that the full committee will “hold votes to issue subpoenas for Johnson & Johnson CEO Joaquin Duato and Merck CEO Robert Davis to provide testimony about why their companies charge substantially higher prices for medicine in the U.S. compared to other countries.“ The CEOs previously declined invitations to testify before the committee.
The HELP committee chair stated, “As the HELP Committee considers legislation to lower prescription drug prices, it is critical that these CEOs explain how they determine the price of medicine in the United States.”
As the Lord Leads, Pray with Us…
- For Chairman Sanders to be prudent as he presides over the HELP committee meeting and investigation.
- For members of the House and Senate as negotiations continue regarding fiscal year 2024 appropriations.
- For the president and his economic advisors as they pursue programs and initiatives on the administration’s agenda.
