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Nov. 15, 2019, 4:13 p.m. EST

Trump attacks former Ukraine envoy Yovanovitch as impeachment hearings go for second day

President releases plan aimed at forcing hospitals, insurers to disclose rates

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By Robert Schroeder, MarketWatch


Getty Images
President Donald Trump delivers remarks in the Roosevelt Room at the White House on Nov. 15, 2019.

President Donald Trump on Friday attacked the former U.S. ambassador to Ukraine as she was testifying in Democrats’ impeachment probe, and announced a new rule on hospital prices.

‘EVERYWHERE...TURNED BAD’

Trump tweeted criticism of Marie Yovanovitch as the former ambassador was speaking before House lawmakers, saying “Everywhere Marie Yovanovitch went turned bad.”

Yovanovitch opened the second day of impeachment hearings by saying her abrupt removal by Trump’s administration played into the hands of “shady interests the world over” with dangerous intentions toward the United States.

Asked by House Intelligence Committee Chairman Adam Schiff about Trump’s attack, Yovanovitch said his comments were intimidating. Trump rejected a suggestion of witness intimidation, saying, “I’m allowed to speak up.”

Read: Yovanovitch pushes back against Trump in real time: ‘I ... made things better.’

HOSPITAL RULE

Trump held an afternoon event after his administration released a plan that would for the first time force hospitals and insurers to disclose their secret negotiated rates.

“We’re stopping American patients from just getting — pure and simple, two words, very simple words — ripped off,” he said.

Administration officials, reports The Wall Street Journal, said the final rule will compel hospitals in 2021 to publicize the rates they negotiate with individual insurers for all services, including drugs, supplies, facility fees and care by doctors who work for the facility .

Shares of hospital companies HCA Healthcare Inc. /zigman2/quotes/205934574/composite HCA -0.50%   and Universal Health Services Inc. /zigman2/quotes/208539347/composite UHS -1.32%   rose in afternoon trading, as economic data and trade optimism pushed U.S. stock indexes /zigman2/quotes/210598065/realtime DJIA +0.01%   /zigman2/quotes/210599714/realtime SPX +0.0073%   /zigman2/quotes/210598365/realtime COMP +0.20%  to record highs.

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/zigman2/quotes/205934574/composite
US : U.S.: NYSE
$ 142.86
-0.72 -0.50%
Volume: 822,382
Dec. 13, 2019 6:30p
P/E Ratio
14.30
Dividend Yield
1.12%
Market Cap
$48.46 billion
Rev. per Employee
$178,156
loading...
/zigman2/quotes/208539347/composite
US : U.S.: NYSE
$ 144.34
-1.93 -1.32%
Volume: 353,624
Dec. 13, 2019 6:30p
P/E Ratio
17.97
Dividend Yield
0.55%
Market Cap
$12.64 billion
Rev. per Employee
$136,878
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
28,135.38
+3.33 +0.01%
Volume: 254.81M
Dec. 13, 2019 5:14p
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,168.80
+0.23 +0.0073%
Volume: 1.96B
Dec. 13, 2019 5:14p
loading...
/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
8,734.88
+17.56 +0.20%
Volume: 1.98M
Dec. 13, 2019 5:16p
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Robert Schroeder is the White House reporter for MarketWatch. Follow him on Twitter @mktwrobs.

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