Washington, D.C.
Private letters indicate that Senate Majority Leader Bill Frist had extensive knowledge of investments held in what he once described as “totally blind” trusts, The Washington Post reported this week. Trustees wrote Frist at least 15 times since 2001 about his shares in his family’s hospital company, HCA Inc. For years, critics said the holdings constituted a conflict of interest because Congress passes laws affecting the health-care industry; Frist insisted he had no direct involvement in the investments. Frist sold the holdings in June, shortly before HCA shares dipped sharply in value. Frist said he had no insider information. The Justice Department is investigating.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Is the American era officially over?Talking Points Trump’s trade wars and Greenland push are alienating old allies
-
Political cartoons for January 26Cartoons Monday's political cartoons include an ICE storm, the TikTok takeover, and Iranian-style reform
-
Winter storm lashes much of US South, East CoastSpeed Read The storm spread across 2,000 miles of the country
