Source "Will Drug Prices Come Down As Donald Trump Promised? His Regulators Help Pharmaceutical Companies Block Shareholder Questions About Rising Drug Prices"
IbTimes "With drug prices skyrocketing in the United States, investor groups last year filed shareholder resolutions with 13 drug companies that — if passed — would force their boards to more meticulously detail their price increases for major medicines, and to provide “the rationale and criteria used for these price increases.” Days after Trump met with pharmaceutical industry CEOs at the White House, the Securities and Exchange Commission endorsed drug companies’ moves to block the resolutions from being voted on by shareholders at their annual meetings. The SEC move followed Trump promoting Republican SEC commissioner Michael Piwowar to serve as acting chairman of the agency."