PROVIDED BY CNNNEXT.COM

You won't believe the stock market shenanigans Tom Price has been up to… or will you? Cenk Uygur and John Iadarola, hosts of The Young Turks, discuss.

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“Rep.

Tom Price, Donald Trump’s pick for Health and Human Services Secretary bought thousands of dollars worth of shares in a medical device manufacturer days before introducing legislation to delay an industry regulation that would directly hurt the manufacturer, CNN reports.

Price bought between $1,001 to $15,000 worth of stock in Zimmer Biomet, an Indiana based firm that produces orthopedics products, in March 2016.

According to CNN, the following week, Price introduced the HIP Act, a bill designed to delay a new regulation that would harm Zimmer Biomet’s bottom line.

The bill involved a new Centers for Medicare and Medicaid Services regulation that changed how manufacturers like Zimmer Biomet receive Medicare reimbursement.

Price objected to the regulation, even spearheading a letter to Andy Slavitt, acting administrator of CMS.

According to CNN, two days after Price’s letter to Slavitt, Zimmer Biomet PAC donated $1,000 to Price’s reelection campaign.

Three months later, after Price introduced the legislation, the PAC donated another $1,000.

Larry Nombel, general counsel at the watchdog group Campaign Legal Center, told CNN if Price “believed in the bill, he should not have purchased the stock.””*