North Carolina Senator Kay Hagan made the Washington Post this weekend as one of 30 lawmakers playing a key role in health care reform who have significant investments in the health care industry.
Hagan is a member of the Senate’s Health, Education, Labor, and Pension Committee that will begin its health care debate today on Capitol Hill. The Post says Hagan owns at least $180,000 in investments in health care companies.
The 30 members of Congress who will draft the reform proposal combined have between $11 million and $27 million of personal investments in the industry that will be directly affected by what Congress decides.
It is not against the law or Congressional rules for lawmakers to have large financial interests in the industries they regulate.
But it doesn’t inspire a lot of confidence.