Analysis-RFK Jr vow to purge FDA sets up collision with Big Pharma
Reuters ^ | Nov.15, 2024 | Ahmed Aboulenein and Michael Erman
Posted on 11/15/2024 10:26:56 AM PST by libstripper
WASHINGTON/NEW YORK (Reuters) - Robert F. Kennedy Jr. vowed to purge the U.S. Food and Drug Administration shortly before being chosen as President-elect Donald Trump's nominee for health secretary. Any changes he wants to make will come up against a pharmaceutical industry that pays much of the regulator's bills.
Kennedy, an environmental activist who has helped sow doubts about the safety and efficacy of vaccines, would have authority over the nation's agencies responsible for public health, government-funded health insurance plans for more than 140 million including the poor, those 65 and older, and the disabled, medical research and more if confirmed as U.S. Secretary of Health and Human Services.
Kennedy has been most vocal about the FDA, an agency that oversees nearly $3 trillion in medicines, food and tobacco products. In interviews and on social media, Kennedy has accused agency staff of doing the bidding of Big Pharma and Big Food. "FDA's war on public health is about to end," Kennedy wrote on X in late October. "If you work for the FDA and are part of this corrupt system, I have two messages for you: 1. Preserve your records, and 2. Pack your bags." FDA officials were not immediately available to comment on the Kennedy nomination.
(Excerpt) Read more at msn.com ...
TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: conflict; investments; pharmaceuticals; rfkjr
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Bobby needs to be very careful with how he screws around with the pharmaceutical industry, since that industry is a major part of the portfolios of thousands of people with 401 (k) plans and a major part of the portfolios of defined benefit plans, which often benefit primarily union represented employees.
1 posted on 11/15/2024 10:26:56 AM PST by libstripper
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