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Washington Lobbying

All articles tagged with #washington lobbying

politics20 days ago•1 min saved

Eric Cantor to Lead PhRMA as Pharma Faces Pricing and AI Scrutiny

Former House Majority Leader Eric Cantor has been appointed president and CEO of the Pharmaceutical Research and Manufacturers of America (PhRMA), effective November 9. He will succeed Steve Ubl, who is stepping down after 11 years. Cantor, a former Virginia Republican and current Moelis & Company executive, will lead the industry’s top lobbying group amid intense scrutiny over drug pricing, AI integration, and regulatory changes.

via Axios|

#drug-pricing #eric-cantor #pharmaceutical-industry

politics1 year ago•3 min saved

Executives Warn of 'Revenge Tax' Impact in US Tax Bill

Executives from major companies are lobbying in Washington to oppose a provision in Trump's budget bill (Section 899) that would impose higher taxes on foreign investments in the US, warning it could harm American jobs and reduce foreign investment. The measure targets countries with 'unfair foreign taxes' and could significantly impact international firms and foreign banks operating in the US, potentially leading to economic and market disruptions. Despite its aim to raise revenue, critics argue it could have negative consequences for US economic growth and international relations.

via Financial Times|

#foreign-investment #politics #section-899