July 8, 2021 Press Release
Washington, D.C. – Speaker Nancy Pelosi joined Chairwoman Carolyn Maloney, Congressman Peter Welch and advocates to release a new Oversight and Reform Committee staff report analyzing the financial data of fourteen of the largest drug companies in the world to evaluate the amount they spend to enrich investors and executives, the amount they invest to research and develop new treatments and the potential impact of direct Medicare price negotiations. Below are the Speaker’s remarks:
Speaker Pelosi. Thank you very much Chairwoman Maloney for your strong leadership, and the leadership of the Oversight Committee, in shining a light on the reality of unaffordable prescription drug prices. Congratulations to you and the Committee and the Committee staff on the drug pricing investigation report that you have – that you are releasing with this call. I just want to say if anybody s hearing it that doesn t know: Oversight.house.gov gives
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