Thread by @pleasesaveour

#CorruptionWeek #Collins Thread
so Collins and his congressional pall have been using their positions on the committees and boards to make millions. Surprised? Evidentally there’s no rule against it. That’s about to change, but in the meantime...

https://twitter.com/quorumcall/status/1028362934764724224

Mr. Collins may have been the largest investor in health companies on the House Energy and Commerce Committee, but one-third of its members also bought and sold biotech, pharmaceutical and medical device stocks.
2/

@USRepLong @RepLarryBucshon and @RepMullin all of whom served with Collins on the panel’s health subcommittee each invested in Innate. The subcommittee weighed in on topics ranging from the Food and Drug Administration’s authority over speeding up approval of new drugs to the ACA

Beyond Innate Immunotherapeutics, Collins has held leadership roles in other biotech companies. Until this past week, he was chairman of the board of directors of ZeptoMetrix, a private lab company based in Buffalo that he co-founded and that has received millions of dollars in 4

federal contracts. He also reported owning between $25 million and $50 million in shares of the company, but has since transferred an unknown amount into his wife’s name. In June, he sold as much as $1 million of stock in Chembio Diagnostics, a medical tests
5

and equipment manufacturer. Collins did not disclose these ties in committee hearings when topics overlapped with his business interests, including the development of a test for the Zika virus and whether the F.D.A. should more closely regulate some types of lab tests. 😱
6

Earlier, in 2013, he brought up the experimental drug that Innate was developing in a hearing about brain research, but did not mention his financial stake in the company.

Time to see what all those corrupt fuqqers own, and how the changed the face of medicine.
@karolcummins 👊

Side note, @RepMullin just got smacked to send $40k back to family owned biz yesterday by ethics committee.
washingtonpost.com/amphtml/news/p…

@RepLarryBucshon I bet this would help🤣

Device Tax Would Help Hoosiers, Says Rep. Larry Bucshon
wibc.com/news/local-new…

Here's 2 more #corrupt reps:
@ConawayTX11 Conaway purchased more of the stock on Feb. 3, 2017, again valued at between $1,001 and $15,000. Culberson sold his stock on June 12, 2017 — 10 days before Chris Collins is accused of sharing the non-public information with his son.

@johnculberson Both Conaway and Culberson bought stock in Innate on Jan. 26, 2017, worth between $1,001 and $15,000
click2houston.com/news/politics/…

@RepDLamborn purchased between $15,001 and $50,000 in Innate stock on January 24, 2017, according to a form filed with the House clerk. Then on June 27, 2017, he sold what he described as less than $1,000 in stock in the company, after the stock tanked.