From the Dobbs decision, the Supreme Court ruling that overturned Roe v. Wade, to fostering more competition in healthcare, the US Department of Health and Human Services has been fighting plenty of battles during the Biden administration.
On the Dobbs decision, United States Secretary of Health and Human Services Xavier Becerra tells Yahoo Finance’s Anjalee Khemlani that "There was no doubt that there were going to be attacks on access to reproductive care going forward," so even before the ruling, the department was preparing to ensure a woman’s right to healthcare.
One HHS goal has been increasing competition. Becerra says "you need competition, otherwise the gears start to grind to a halt and that’s always bad for consumers." That’s why the Biden administration, he says, wanted Medicare drug price negotiations.
There are reports that Becerra may leave the Biden administration to run for governor of California. Becerra says he’ll stay in his role as long as President Joe Biden lets him and that "right now, the biggest difference I can make is as Secretary of Health and Human Services."
Watch the video above to hear what Becerra says about his "Food is Medicine" initiative.
For more expert insight and the latest market action, click here to watch this full episode.
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