Roman Balmakov is a Reporter with The Epoch Times and host of the show, “Facts Matter.” He has travelled around the country (as well as overseas) covering protests, riots, and elections. He is also the producer of many Epoch Times’ commercials, both on TV and social media.

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Facts Matter investigates complex issues, and then presents the findings in a way that is easy to understand. We are free from the influence of any government, corporation, or political party. Our goal is to bring you accurate information so that you can form your own opinion, stay informed, and stay free.

Roman Balmakov is a reporter with The Epoch Times and host of the show “Facts Matter.” He has travelled around the country and overseas in his coverage of protests, riots, and elections. He is also the producer of many Epoch Times’ commercials, both on TV and social media.

Facts Matter

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Jack Phillips is a breaking news reporter with 15 years experience who started as a local New York City reporter. Having joined The Epoch Times' news team in 2009, Jack was born and raised near Modesto in California's Central Valley. 

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Court Issues Order in Trump Case, Delays Trial Until After Election | Facts Matter

The Distortion of Climate Data Using ‘Computer Models’ | Facts Matter

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Supreme Court Justice Issues a Rare Letter to Congress Leaders About Jan. 6 Case | Facts Matter

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Headquartered in New Jersey, Johnson and Johnson is one of the largest pharmaceutical companies in the world. It’s also one of the handful of companies that made a windfall during the pandemic with their vaccine. In fact, the Janssen shot was making the company upwards of $740 million dollar per quarter—that was, of course, before the shot was pulled off the market due to an elevated risk of serious blood clots in vaccine recipients.

However, having their vaccine pulled off the market might be the least of Johnson and Johnson’s financial worries. That’s because just yesterday, the company announced a willingness to pay $6.5 billion dollar in order to settle nearly all of the lawsuits in America claiming that their baby powder (and talcum powder products) caused people to develop cancer.

Once enacted, this settlement will be the 4th largest in US history, right behind the $7.2 billion dollar that Enron had to pay after defrauding their shareholders.

However, aside from the magnitude of the dollar amount itself, the story of how this $6.5-billion settlement came to be—as well as the legal maneuvering that Johnson and Johnson has been doing behind the scenes to try and shield themselves from lawsuits—is fascinating to say the least.

<i>Views expressed in this video are opinions of the host and the guest, and do not necessarily reflect the views of NTD.</i>

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$6.5-Billion ‘Baby Powder-Cancer’ Settlement Proposal Pushed Forward by Johnson and Johnson | Facts Matter