Senate Democrats today staged an en masse boycott of a committee hearing on the Trump administration’s nominees to lead the U.S. Health & Human Services and Treasury Depts., forcing Republicans to delay the votes on Rep. Tom Price (R-Ga.) and Steve Mnuchin. At least 1 Democrat must be present for the Senate Finance committee votes to take […]
U.S. Treasury Dept.
Medtronic (NYSE:MDT) remains unfazed by the U.S. Treasury Dept.’s push to rein in so-called “inversion” mergers, which allow American companies to re-organized under foreign jurisdictions, after the agency issued new rules on the deals this week. The U.S. government has grappled with a wave of inversions in recent years, including last year’s $50 billion union of Medtronic and Covidien, […]