Sen. Chuck Grassley (R-Ia.) will chair the Finance Committee next Congress, meaning that the position being vacated by pharma ally Sen. Orrin Hatch will be filled with someone much less defensive of the industry.
What we're hearing: "PhRMA is probably crying in a corner right now. Winter is coming," a senior GOP Senate aide told Axios. And a former GOP aide mused, "If the administration, Democrats in the House, and Grassley all want to go in a direction, does pharma have the resources to get Republicans to stand on the wall against this coming invasion?"