Oct 10, 2018

DOJ gives preliminary approval to CVS-Aetna merger

Thomas Moriarty, executive Vice President and general counsel at CVS Health, and Thomas Sabatino, executive Vice President and general counsel at Aetna. Photo: Drew Angerer via Getty Images

The Department of Justice has given preliminary approval to CVS Health to acquire Aetna after the insurance company agreed to sell its Medicare prescription drug plan business to WellCare Health Plans, CNBC reports.

Why it matters: Per Axios' Bob Herman, CVS will soon absorb a gigantic health insurance business into its pharmacies, pharmacy benefit manager and clinics, inevitably affecting the health care and pocketbooks of millions of Americans.

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Illustration: Aïda Amer/Axios

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Meadows on Wray's voter fraud dismissal: "He has a hard time finding emails in his own FBI"

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Why it matters: Meadows' statement highlights the Trump administration's strategy to sow doubt in November's election results by challenging the legitimacy of mail-in ballots, which are expected to skew heavily in Democrats' favor.

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