Despite the multiple reports showing that hydroxychloroquine is a success, Alyssa Milano, actress and political activist wants President Trump impeached for promoting the anti-malaria drug, and alluded that Trump was somehow making a profit off of the drug.
“Trump can make history as the first President to be impeached twice. I mean, if putting lives in danger by pushing a drug for personal gain during a pandemic isn’t impeachable, we should just throw in the towel.”
Trump can make history as the first President to be impeached twice. I mean, if putting lives in danger by pushing a drug for personal gain during a pandemic isn’t impeachmable, we should just throw in the towel. https://t.co/u7HoMMVDt4
— Alyssa Milano (@Alyssa_Milano) April 7, 2020
The Times said, “If hydroxychloroquine becomes an accepted treatment, several pharmaceutical companies stand to profit, including shareholders and senior executives with connections to the president,” adding, “a small personal financial interest in Sanofi, the French drugmaker that makes Plaquenil, the brand-name version of hydroxychloroquine.”
Milano reacted to the story from The Times, however, they failed to mention that the stock was worth as little as $99.
Commentary and Opinion from Trending Politics:
Check out what Breitbart’s John Carney had to say:
The report cited by the HuffPost is from a New York Times story that said: “Trump himself has a small personal financial interest in Sanofi, the French drugmaker that makes Plaquenil, the brand-name version of hydroxychloroquine.”
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Trump’s personal financial interest, however, does not include a stake in Sanofi–and the New York Times did not claim it did. Instead, Trump’s financial disclosures show that his three family trusts each had investments in a $10.3 billion Dodge & Cox mutual fund that owns shares in Sanofi, the world’s fifth-largest drugmaker by prescription sales. As of its latest disclosures, those holdings amount to just 3.3 percent of the fund’s holdings.
Trump’s most recent financial disclosure forms lists holdings in the Dodge & Cox International Fund valued between $1,001 and $15,000. That means Trump holds a maximum stake in the mutual funds of $45,000, giving him an indirect interest in Sanofi of $1,485 at the most.
His “financial interest” in Sanofi, which has a market capitalization of nearly $58 billion, could be as low as $99.10.
Journalist Mike Cernovich also pointed out how bogus the report was.
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“According to Trump’s financial disclosure, he owns between $1,000 – $15,000 of Dodge & Cox fund. Dox & Cox’s fund has 2.9% of its money in Sanofi. Trump owns 2.9% of btw $1,000 – $15,000. Trump owns $29 to $435 of stock,” Cernovich said. “lol NYT didn’t think anyone would do the math.”