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Wednesday, April 7, 2010 as of 11:14 AM ET

Max Baucus

Max Sieben Baucus (born December 11, 1941) is the senior United States Senator from Montana and a member of the Democratic Party.

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Senate Panel Seeks Info From J&J, Endo, Others Over Concern On Painkiller Marketing -Reuters

The Senate Finance Committee is looking into possible links between three drug companies and nonprofit medical groups, citing concerns about the groups' advocacy of painkillers, Reuters reported Wednesday.

The panel sent letters to Johnson & Johnson (JNJ), Endo Pharmaceuticals Holdings Inc. (ENDP) and Purdue Pharma LP and seven medical groups seeking documents about their financial connections, Reuters reported.Sen. Max Baucus (D., Mont.), the committee's chairman, said in a statement that "painkillers have an important role in health care when prescribed and used properly, but pushing misinformation on consumers to boost profits is not only wrong, it's dangerous," Reuters reported.Reuters said officials at the three drug companies weren't immediately available for comment.Full story at http://www.reuters.com/article/2012/05/09/us-usa-painkillers-investigation-idUSBRE84811420120509Copyright © 2012 Dow Jones Newswires...

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  1. Lawmakers Announce Bipartisan Deal on Payroll Tax Cut

    A payroll tax cut for 160 million Americans, set to expire at the end of this month, would be extended through December under a bipartisan deal announced early on Th...

  2. Lawmakers Show Early Divisions Over Extending Payroll-Tax Break

    Congressional lawmakers signaled a broad desire Tuesday to extend the payroll-tax break and federal jobless benefits for the rest of the year, but fault lines emerge...

  3. Lower Your 'State of the Union' Expectations

    Time to visit the highlight reel of President Barack Obama’s past State of the Union addresses, as the president speaks to the nation Tuesday night.Keep in mind the ...

  4. Obama Proposes Streamlining Trade Agencies

    President Barack Obama will ask Congress on Friday for authority to close the Commerce Department and create a new export agency, an overhaul that could save $3 bill...

  5. Deficit Committee Deadlocked

    Budget talks in Congress were locked in stalemate Wednesday as Democrats and Republicans showed no sign of moving toward a compromise on taxes and health care.With a...

  6. Experts Warn Deficit Panel About Failure

    With less than a month to go before a congressional ``super committee'' must present a plan to slash huge U.S. deficits and no clear solution in sight, deficit exper...

  7. EXCLUSIVE-Gang forms inside US debt panel in quest for deal

    * Revenues and spending cuts being discussed (Adds Boehner comments, background)WASHINGTON (Reuters) - Six members of a U.S. congressional debt reduction "super comm...

  8. Rove: GOP Candidates Need to Simplify Tax Code

    Former Bush Advisor Karl Rove discusses the importance of tax reform in the 2012 presidential election.

  9. Obama’s Blame Game Growing Old?

    FBN’s Liz MacDonald discusses her career in financial journalism and the president’s continued efforts to blame the Bush Administration for current economic problems.

  10. Senate Panel Approves Long-Delayed Trade Deals

    A U.S. Senate panel on Tuesday backed long-delayed trade pacts with South Korea, Colombia and Panama that are expected to boost U.S. exports by about $13 billion a y...

  11. Activists Charge State Dept Bias To TransCanada Pipeline Plan

    --Environmental group says TransCanada lobbyist enjoys overly cozy relationship with government officials--TransCanada says lobbyist is doing his job--Federal decisi...

  12. How Big Business Influences The Super Committee Members

    “All politics is local”–Thomas Phillip “Tip” O’Neill, Jr., Speaker of the House, 1977 to 1987Twelve members of Congress have been tasked with producing legislation t...

  1. New Life Flowing Through Keystone Pipeline

    Sen. John Hoeven, (R-N.D.), argues the pipeline will get built.

  2. Sen. Baucus Looks to Pass Keystone Pipeline

    FNC’s Andrea Tantaros discusses the senator’s efforts to get the XL Pipeline built.

  3. All-Star Cast in Attendance for Health-Care Battle

    FBN's Rich Edson breaks down details of issues discussed on the second day of hearings on the health-care law.

  4. Supreme Court Divided on Health-Insurance Mandate

    The U.S. Supreme Court on Tuesday appeared closely divided along ideological lines over whether Congress had the power to require most people in the United States to...

  5. Obama's Push On Trade With Russia Raises Senate Concerns

    Senators from both parties raised concerns Thursday about Moscow's record on human rights and foreign policy, highlighting the difficult task facing the Obama admini...

  6. As D.C. Dithers, Childhood Poverty Soars

    To paraphrase John F. Kennedy, the best welfare program is a job.That truth becomes more urgent due to this stunning new finding: nearly eight million of    America’...

  7. Moody’s Warns it May Downgrade 17 Global Banks

    FBN’s Diane Macedo breaks down the stories moving the markets around the world.

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