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Wednesday, September 10, 2025

Rep. Mike Flood addresses PBM reform and digital assets collaboration

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Rep. Mike Flood, U.S. Representative for Nebraska's 1st District | Facebook Website

Rep. Mike Flood, U.S. Representative for Nebraska's 1st District | Facebook Website

Rep. Mike Flood, currently serving in the U.S. Congress representing Nebraska’s 1st district, has been vocal on various issues through his social media presence. Flood replaced Jeff Fortenberry in 2022 and has a background in law with degrees from the University of Notre Dame and the University of Nebraska-Lincoln.

On December 4, 2024, Rep. Mike Flood addressed concerns regarding Pharmacy Benefit Managers (PBMs), stating that they are "predators" negatively impacting pharmacies in urban and rural areas like Nebraska. He expressed gratitude to Rep. Buddy Carter for organizing a press event aimed at advocating for PBM reform. "Pharmacy Benefit Managers (PBMs) are predators."

Later that day, Flood extended his appreciation to Financial Committee Chairman Patrick McHenry for his leadership and service during a hearing. He expressed these sentiments publicly through his comments honoring McHenry's contributions. "Thank you to @FinancialCmte Chairman @PatrickMcHenry for your friendship, leadership, and service!"

On December 5, 2024, Flood shared his enthusiasm about collaborating with President Donald Trump to modernize America's financial system, particularly focusing on digital assets. He highlighted discussions with StellarOrg regarding the potential benefits of a US dollar-backed stablecoin for Americans. "Excited to work with President @realDonaldTrump to modernize America's financial system..."

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