Waxman retiring

Rep. Henry Waxman (D-Calif.) -- who has been the author or co-author of legislation that shaped the U.S. pharmaceutical regulatory and economic landscape -- said Thursday that he will not seek reelection to the U.S. House of Representatives. His last day in office will be Jan. 3, 2015. He has served as the ranking member of the House Energy and Commerce Committee since 2011. ...