A freshman member of Congress dumped up to $130,000 worth of stock in providers that serve Medicaid beneficiaries in the week before voting for President Donald Trump's tax cut megabill that slashed over $1 trillion from the public health program, NBC News reported on Thursday. According to the report, Rep. Rob Bresnahan (R-PA), who has rapidly become one of the most frequent stock traders on Capitol Hill, "offloaded up to $130,000 worth of stock in Centene, Elevance Health, UnitedHealth and CVS Health on May 15, the periodic transaction reports he filed with the House clerk in June show. Taken together, those four companies oversee roughly half of all Medicaid managed care organizations, according to KFF, a health policy research organization."

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