Washington, D.C.
Senate Majority Leader Bill Frist came under increasing scrutiny this week as federal investigators looked into a stock trade he made this summer. Frist said he sold his stake in his family’s HCA Inc. hospital chain to avoid a conflict; critics had questioned how he could make unbiased decisions on health legislation while owning HCA stock. But at the time Frist unloaded his holdings, several insiders were also dumping HCA shares, and a month later, HCA issued a disappointing earnings forecast, sending the stock into a free-fall. Democrats, led by party chairman Howard Dean, called the trade “suspicious,” but Frist said he had no information “that was not available to the public.”
Subscribe to 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.
Create an account with the same email registered to your subscription to unlock access.
-
'Elevating Earth Day into a national holiday is not radical — it's practical'Instant Opinion Opinion, comment and editorials of the day
-
UAW scores historic win in South at VW plantSpeed Read Volkswagen workers in Tennessee have voted to join the United Auto Workers union
-
Today's political cartoons - April 22, 2024Cartoons Monday's cartoons - dystopian laughs, WNBA salaries, and more
