PolitiFact - No evidence Pelosi bought stock in drug manufacturer Amgen

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There’s no evidence House Speaker Nancy Pelosi purchased shares of Amgen, which makes a drug used to treat radiation sickness.

, shared Oct. 12 on Instagram, showed a screenshot of a tweet that said,"BREAKING Nancy Pelosi purchases 10,000 shares of Amgen, manufacturer of Nplate, a drug used to treat radiation sickness."

The post was flagged as part of Facebook’s efforts to combat false news and misinformation on its News Feed. Earlier this month, the U.S. Department of Health and Human Services announced it spent $290 million on Nplate, a drug manufactured by Amgen to treat radiation sickness. The department said the purchase was part of long-standing efforts to prepare the country for potential health impacts from threats to national security.PolitiFact found no evidence that Pelosi has purchased stock in Amgen.

Under the Ethics in Government Act, members of Congress are required to file periodic transaction reports for every purchase, sale or exchange of stocks or other securities when the transaction exceeds $1,000.

 

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You guys said this was a lie

I'm all for the work you guys do, but absence of evidence is not a proof -- this ruling should be something like 'unsubstantiated' rather than 'false.'

FakeNews

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