washington president-elect donald trump nominee head u.s. department health human service defend stock hold proposals dismantle obamacare wednesday say americans would suddenly lose health insurance representative tom price tell senate committee health education labor pension one two oversee health department connection purchase certain health company stock promotion legislation would help company say stock buy behalf broke knowledge purchase say price own variety healthcare stock include biotech firm amgen inc pharma company bristol-myers squibb co eli lilly co drug distributor mckesson corp. say divest health stock could affect position health secretary price orthopedic surgeon say personally direct broke buy share australian biotech company innate immunotherapeutics ltd. say make aware stock republican congressman chris collins serve immunotherapeutics board deny give inside information break laws say due diligence company spokesman collins michael mcadams say statement collins relationship immunotherapeutics go back 15 years speak hundreds people include price congressman collins never disclose nonpublic improper information relate innate immunotherapeutics follow ethical legal standards require house representatives time office senator patty murray top democrat panel say purchase raise question need full investigation senate go forward confirmation stephen crimmins attorney murphy mcgonigle former lawyer u.s. securities exchange commission say chain events describe price suggest insider trade see far tip company director happen another congressman crimmins say tip company good investment base ongoing public research multiple sclerosis insider trade whether price buy market private placement crimmins say controversy illustrate risk public officials take invest individual stock safe play avoid question stick fund investments say everyone sanguine crimmins jam cox securities law professor duke university school law say price appear receive information immunotherapeutics virtue public position hear think admit abuse position use information generally publicly available private gain say price face additional question senate committee finance set confirmation hear jan. 24. members finance committee vote whether send price nomination senate floor review question president obama signature affordable care act price say nobody interest pull rug anyone republicans congress work repeal law replace alternative system price say overhaul obamacare initially focus individual health plan sell online exchange medicaid program would tackle change medicare trump call immediate repeal law simultaneous replacement trump say want keep aspects obamacare allow young adults parent insurance want plan use health save account also advocate insurance sell across state line price say new tool rollout new form high-deductible so-called catastrophic insurance government expand healthcare coverage people also echo trump recent call healthcare say want people cover aca repeal nonpartisan congressional budget office tuesday say repeal obamacare would increase number people without health insurance 18 million first year 32 million year 2026. trump health pick defend stock say americans wo n't lose insurance