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0 0 0.000157455518815919 6.7480936635467E-05 6.7480936635467E-05 6.7480936635467E-05 6.7480936635467E-05 6.7480936635467E-05
Stock impact report

Bottom Line: PBMs plus up [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
PBMs have been under tremendous pressure from lawmakers, pharmaceutical groups and others who argue they drive up prescription drug prices and demand transparency into their opaque operations. The PCMA has been at the forefront of pushing back on those claims and engaging with lawmakers on a slate of bills that could reform the industry. Its federal lobbying spending skyrocketed to $15.4 million last year from $8.7 million in 2022, according to the nonpartisan political money tracking organization OpenSecrets. Scott Eckhart, the former lead Democratic lobbyist at the U.S. Chamber of Commerce, will work on the account. Finance Emergent Strategies also registered to lobby for Capital One on issues related to antitrust, competition, capital requirements for large banks and the Credit Card Competition Act, which would require large card issuers to offer at least two networks to process credit card transactions other than Visa and Mastercard. Capital One announced plans to acquire Show less Read more
Impact Snapshot
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