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RFK Jr.’s financial disclosures pave way for confirmation hearings

January 23, 2025
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Washington Correspondent, D.C. Diagnosis Writer

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trump transition

RFK Jr. is no starving writer

RFK Jr. invested in gene-editing technology and is owed millions of dollars in advances for books, according to financial disclosures released ahead of his confirmation hearings.

Sarah Owermohle, Isabella Cueto, and Rachel Cohrs Zhang combed through those documents and did some sleuthing to put together an interesting account of RFK Jr.'s investments, employment, and potential conflicts of interest. 

There's a lot in the article. One nugget: RFK Jr. invested in CRISPR Therapeutics, even though he's said gene therapies derived from CRISPR gene editing are dangerous.


Congress

Ready, set, go

Hours after Kennedy's documents were posted, the Senate Finance Committee announced that he will appear on Jan. 29 for his confirmation hearing, Rachel scooped

The Senate health committee will hold a courtesy hearing on RFK Jr.'s nomination the following day, but Rachel notes that only the Finance Committee will vote on whether to advance his nomination to the full Senate.

I'm not about to predict whether RFK Jr. is confirmed, but it's safe to say it'll be a fascinating hearing, given Kennedy's well documented statements against vaccines and his ruminations on such topics as whether the coronavirus was ethnically targeted to spare Jewish and Chinese people.


public health

Senate Democrats preview their arguments on vaccines

Ahead of the confirmation hearings next week, Sen. Bernie Sanders (I-Vt.), who sits on both panels that RFK Jr. will appear before, set up a roundtable with public health experts to discuss the benefits of vaccines. It effectively previewed the issues at the top of Democratic senators' minds, Rachel reports

The public roundtable was well-attended, as all but one Democrat on the Senate health committee was there, and almost all stayed for an entire hour to both ask questions and listen to experts' answers — a rarity in Congress.

The convening of the roundtable by Sanders was notable in itself, as he has not announced whether he plans to support RFK Jr.'s confirmation. Get the full rundown on the senators' burning questions here



fda

Looming infant formula crisis

A series of lawsuits jeopardizes the supply of neonatal infant formula, my colleague Lizzy Lawrence writes. 

Lizzy presents a heart-rending situation. Preterm babies sometimes develop a condition that kills bowel tissue, which can lead to death. It hits rapidly, within hours.

Human milk reduces a baby's risk of developing the condition, but it's common for mothers of preterm babies to struggle to produce enough breast milk, so many rely on specialized infant formula. 

Parents have sued the makers of specialized formulas, alleging that they increase the risk of the condition. Although three neonatologists told Lizzy there's no conclusive evidence that infant formula causes the condition, parents sometimes win the suits, and the makers or infant formula are considering exiting the market if they continue to lose.


drug pricing

Will the master dealmaker weaken his position?

Less than a week into President Trump's new term, the drug industry is urging the self-styled master dealmaker to weaken his ability to bargain lower drug prices in Medicare.

It would be politically difficult to get rid of the Medicare drug price negotiation program without an alternative, according to Darius Lakdawalla, the chief scientific officer at the USC Schaeffer Center for Health Policy & Economics. Instead, Lakdawalla proposes setting a price floor, a change backed by the drug industry. Setting a floor would reward companies for drugs that improve patients' lives, giving patients a seat at the negotiating table, he said. 

On Friday, USC Schaeffer Institute nonresident Senior Scholar Joe Grogan invoked RFK Jr.'s Make America Healthy Again movement in proposing that Medicare exempt GLP-1 drugs from negotiation – Novo Nordisk's GLP-1 Ozempic is on the negotiation list. Last week, Eli Lilly CEO Dave Ricks also said industry shares RFK Jr.'s goal, and he suggested giving drugs more time on the market before subjecting them to negotiation


government research

Confusion follows cancelled scientific meetings

Scientific events and panels across federal science agencies were canceled on Wednesday, adding to the unease among agency employees and outside researchers who were already uncertain about what the Trump administration might have in store for them.

STAT's Anil Oza reached an NIH spokesperson, who said the cancellations are part of a short pause to let the new administration "set up a process for review and prioritization." 

It's also not clear whether the cancelled meetings are tied to the freeze on external communications

Read Anil's article about which meetings have been cancelled and which ones seem to still be scheduled.


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What we're reading

  • WHO official responds to critique of the organization's handling of pandemic, STAT
  • Trump officials pause health agencies' communications, citing review, AP
  • Psychedelic renaissance in part to blame for peyote shortage, MSN

Thanks for reading! More next week,


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