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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Procter and Gamble Co | NYSE:PG | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.96 | 0.56% | 173.22 | 174.61 | 171.36 | 171.45 | 4,956,722 | 01:00:00 |
By Ben Kesling
The Senate confirmed Robert McDonald to head the Department of Veterans Affairs on Tuesday, one day after congressional leaders cobbled together a $17 billion funding bill to help reform the agency and expand care.
Mr. McDonald will take over as head of the VA after little debate or opposition in the Senate. Last week, he faced a friendly hearing before the Committee on Veterans' Affairs where he fielded few questions and was lauded by many on the panel.
Mr. McDonald, 61 years old, is a graduate of the U.S. Military Academy. He left the Army as a captain before beginning a 33-year career at Procter & Gamble Co., culminating in the role of CEO from 2009 to 2011.
He takes over from Sloan Gibson, who has been acting secretary since the resignation of Eric Shinseki following revelations that VA employees across the nation had been falsifying reports of patient wait times. Reports from the VA's independent inspector general and the VA itself helped trigger resignations of a handful of other top VA officials. Some of these investigations are ongoing.
"We are at a very important moment in terms of the Veterans Administration," said Sen. Bernie Sanders (I., Vt.) chairman of the Senate Committee on Veterans' Affairs in a speech before the vote. "We have new leadership...we have a significant piece of legislation."
That legislation, which is expected to be voted on by Congress later this week, would provide the VA with emergency funding allowing veterans facing long wait times to seek treatment from non-VA doctors. It would also provide funding for the VA to lease more than two dozen medical facilities and give Mr. McDonald greater ability to fire underperforming department executives.
"Secretary McDonald is inheriting a VA in crisis, but he also inherits a VA that is worth saving," said John Straud, commander of the Veterans of Foreign Wars, one of the nation's largest veterans advocacy groups. "The VFW looks forward to working with him and his team as they fix what's broken."
Write to Ben Kesling at benjamin.kesling@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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