both fell by more than 2%. Evercore ISI analyst Umer Raffat told clients Tuesday that the proposal showed "some extremely ambitious proposals," including price negotiations.
Pelosi has been working for months on a plan that would give HHS that power. House Democratic leaders went on a "listening tour" around the party earlier this year to discuss details of Pelosi's plan, but haven't yet distributed it across the caucus, a Democratic aide said in an interview. The legislation is expected to be unveiled as soon as this month.
Americans are increasingly in favor of more federal regulation to bring down high prescription drug prices, including letting the government negotiate directly with drugmakers, according
The overall recession plan attacks Pharma, Tech and most likely Financials next. Some coincidence the recession poll coming out the same day as the leak. tt:SaraCarterDC SarahHuckabee