Congress is back in session this week and the brawl on the hill over health care reform will officially be on once the GOP takes control of the House.
Talk of rescinding the health care law to starving funding for it are rampant in the new Congress. So what does that mean for investors who are investing in the health care sector?
I decided to ask Wilbur Ross, Chairman and CEO of WL Ross & Co.
In July of 2010, Ross along with Edwin “Mac” Crawford, former chairman of CVSCaremark , teamed up to form a joint venture looking to invest in the health care sector with a focus on service providers rather than products. WL Ross committed more than $1 billion to the partnership.
I got right to it asking both of them if this cloud of uncertainty hanging over the sector is dampening his optimism on investing opportunities.