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Warsh Clears an Early Hurdle on Path to Fed Chair

The Senate Banking Committee advanced Kevin Warsh’s nomination as Fed chair on Wednesday, teeing up the full chamber to hold a vote soon.
HomeBusinessCongress Reins In Drug Middlemen in Effort to Lower Prescription Prices

Congress Reins In Drug Middlemen in Effort to Lower Prescription Prices

The legislation will impose new restrictions on pharmacy benefit managers, giant companies like CVS Caremark, Optum Rx and Express Scripts that oversee prescription drug benefits.