Stock FAQs

what politicians have stock in pfizer

by Dr. Lavada Cronin DVM Published 2 years ago Updated 2 years ago
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Who are Pfizer's top 5 shareholders?

The top shareholders of Pfizer are Frank A. D'amelio, John Douglas Young, Mikael Dolsten, Vanguard Group Inc., BlackRock Inc. ( BLK ), and State Street Corp. ( STT ). On Aug. 23, 2021, the U.S. Food and Drug Administration ( FDA) approved the Pfizer-BioNTech COVID-19 vaccine, which is now being marketed as Comirnaty.

How much did Pfizer spend on US politics?

In addition to giving roughly $1 million to members of Congress, Pfizer also wrote checks to 1,048 individual candidates in state legislative races. While the drug industry gave money to a broad range of candidates, it focused in particular on those on key committees that oversee health care legislation.

Which members of Congress invested in Pfizer Inc (PFE)?

Members of Congress Invested in Pfizer Inc Member Party Amount Invested Sensenbrenner, Jim Republican $1,018,814 - $5,018,813 Gianforte, Greg Republican $797,136 Upton, Fred Republican $165,003 - $400,000 Schrader, Kurt Democrat $100,001 - $250,000 36 more rows ...

What is Pfizer known for?

Pfizer Inc. (PFE) is a biopharmaceutical company, multinational developer, and manufacturer of health care products. The publicly-traded company owns several household brands — including Advil, Centrum, Lipitor, Lyrica, Prevnar, and Viagra — and manages a portfolio of health products.

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Lawmakers invest in big pandemic-era stocks

The investors in vaccines included freshman Rep. Marie Newman, a Democrat of Illinois, whose husband, Jim Newman, has traded shares of both Johnson & Johnson and Moderna. The congresswoman's 2020 annual personal financial disclosure also listed the couple together holding shares in Moderna.

Investments in 3M, Quest, Regeneron

Democratic lawmakers also invested in COVID-19-sensitive companies, including through selling and buying stocks in vaccine manufacturers and other companies deeply involved with pandemic relief efforts.

Democrats' mixed messaging

Early in the pandemic, some lawmakers condemned people looking to make money off COVID-19-related treatments and defenses.

Pharmaceutical contributions and conflicts

Lawmakers' trading stocks of companies that have been profiting from their response to the pandemic has raised concerns about ethics and conflicts of interest.

How much is Pfizer's market cap?

The company is one of the largest drugmakers, with a $214 billion market cap. 1. Unsurprisingly, the largest investors of Pfizer are mutual funds. Here are the company's four largest mutual fund owners:

Who is Patrick Poulin?

Patrick Poulin is as a freelance writer and advertising copywriter. He previously practiced as a tax and business lawyer for 17+ years. Pfizer Inc. ( PFE) is a biopharmaceutical company and manufacturer of health care products including one of the approved COVID-19 vaccines.

What is Admiral Shares?

The Vanguard 500 Index Fund Admiral Shares (VFIAX) seeks to provide investment results corresponding to the price and yield performance of the S&P 500 Index, its benchmark index, with a high degree of positive correlation. The fund was issued by Vanguard in August 1976 and has assets of several hundred billion dollars.

When was the Vanguard 500 index fund issued?

The fund was issued by Vanguard in August 1976 and has assets of several hundred billion dollars. With 111.4 million shares, the fund is Pfizer's second-largest mutual fund shareholder. The Vanguard 500 Index Fund also has a 0.04% expense ratio and a minimum investment of $3,000. 4.

Is Pfizer a publicly traded company?

( PFE) is a biopharmaceutical company and manufacturer of health care products including one of the approved COVID-19 vaccines. The publicly traded company owns several household brands—including Advil, Centrum, Lipitor, Lyrica, Prevnar, and Viagra—and manages a portfolio of health products.

When will Pfizer be in 2020?

April 27, 2020 9:35 am. Pfizer is one of the most popular stocks in Congress, with 48 lawmakers placing their bet on the drugmaker that hikes its prices each year. (Drew Angerer/Getty Images) The story is part of a series about lawmakers’ personal financial disclosures. OpenSecrets recently updated its personal finances database to include data ...

How much stock does Joe Kennedy own?

His disclosure shows he’s profited from rising drug prices. Last year, he reported owning up to $2.1 million in stock in pharmaceutical and health products companies in a family trust.

How much does Kim Schrier own Apple?

Kim Schrier (D-Wash.) reported owning up to $6.3 million in Apple stock, far more than any other investment. Researcher Alex Baumgart contributed to this report. This story was edited on April 28, 2020 to clarify that Joe Kennedy does not control assets in his family trust.

Who is the former Microsoft employee?

Another former Microsoft employee, Rep. Josh Gottheimer (D-N.J.), held up to $5.2 million in Microsoft stock. Tech companies are among the most popular assets for lawmakers, with 42 members invested in Google, 37 in Amazon and 34 in Facebook as of the most recent filings.

Has the pharmaceutical lobby defeated the bill?

The pharmaceutical lobby has successfully defeated bill after bill that would limit the rising price of drugs. The industry coupled record lobbying spending with targeted campaign donations and direct appeals to President Donald Trump to ward off policy changes.

Who is Pelosi's husband?

Pelosi’s husband, Paul Pelosi, runs a venture capital firm that has helped make the Democratic leader one of the wealthiest members of Congress. He made a number of trades involving tech companies during the early stages of the coronavirus pandemic, including buying shares of Slack Technologies stock.

Does John F Kennedy have control over Pfizer?

Kennedy has said he has no control over the assets in his family trust. Pfizer is one of the most popular stocks in Congress, with 48 lawmakers placing their bet on the drugmaker that hikes its prices each year. Rep. Jim Sensenbrenner (R-Wis.), the second most senior congressman, reported holding between $1 million and $5 million in Pfizer stock.

Who was the top recipient of drug industry cash?

The top recipient of drug industry cash was Rep. Richard Hudson, a Republican from North Carolina.

How much did Amgen donate to the Capitol?

Overall, the sector donated $14 million. The breadth of the spending highlights the drug industry’s continued clout in Washington.

What is the drug industry doing in 2020?

In 2020, the federal government leaned heavily on drug makers to develop Covid-19 vaccines at lightning speed — helping to rehabilitate the industry’s reputation ...

Can corporations donate to candidates?

State campaign finance laws vary, and in some cases corporations can make direct contributions to lawmakers. In Washington, however, it is illegal for corporations to donate to candidates. As a workaround, companies form political action committees, or PACs.

Did the pharmaceutical industry spend money on winning candidates?

As was the case in state legislatures, the pharmaceutical industry was remarkably effective when it came to spending money on winning candidates. Very few candidates who accepted drug industry cash ended up losing reelection. Many donations targeted Republican senators at risk of losing their seats, like Tillis.

Who is the CEO of Pfizer?

New Pfizer CEO Albert Bourla contributed $2,700 each to Senator Portman’s campaign committee and to the campaign committee of Senator Pat Toomey, Republican of Pennsylvania. Bristol-Myers Squibb CEO Giovanni Caforio contributed $7,500 to last year’s campaigns of Senator Carper and Senator Crapo.

How much has Merck spent on campaign contributions?

Merck CEO Ken Frazier has spent some $90,000 on federal election campaign contributions in the last decade, $40,000 of which has gone toward current members of the finance committee.

How much did Mark Warner donate to the campaign?

In the last six months he donated $5,000 to the campaign committees of Senator Mark Warner, Democrat of Virginia, and $3,900 to Senator Tom Carper, Democrat of Delaware. Sanofi CEO Olivier Brandicourt spent over $8,000 contributing to the 2018 campaigns of Tom Carper and Mark Warner, too.

Who is the Democrat who participated in the tobacco hearings?

Grassley will “demand accountability and act in the interest of taxpayers,” he said. (The campaign committee of ranking member Senator Ron Wyden , Democrat of Oregon who participated in the tobacco hearings in the 1990s, has received $78,500 from these PACs since 2009.)

How much did Tom Carper contribute to the state of Delaware?

Tom Carper (D-Delaware) - $100,000. Spokeswomen for Senator Portman and Senator Carper, when asked for comment on the contributions, both wrote via email that Portman and Carper have helped lead efforts to reduce the cost of drugs.

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