Democratic Sen. Blocks Vote On New Medicare Chief

Law360, New York (April 24, 2013, 5:51 PM EDT) -- Angered by diversion of Affordable Care Act preventive care funds, Sen. Tom Harkin, D-Iowa, placed a hold Wednesday on Marilyn Tavenner’s nomination to lead the Centers for Medicare and Medicaid Services, an unexpected Democratic obstacle that emerged just as Republican opposition had melted away.

A spokeswoman for Harkin explained the senator’s motivation by pointing to a congressional hearing Wednesday in which the senators said he was “greatly disappointed” that the Obama administration has chosen to fund ACA implementation “by raiding the Public Health and Prevention Fund”...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.