{"id":20058,"date":"2025-01-15T16:08:00","date_gmt":"2025-01-15T17:08:00","guid":{"rendered":"https:\/\/medexperts.pro\/?p=20058"},"modified":"2025-01-15T17:26:16","modified_gmt":"2025-01-15T17:26:16","slug":"ramaswamy-has-a-high-profile-perch-and-a-raft-of-potential-conflicts","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=20058","title":{"rendered":"Ramaswamy Has a High-Profile Perch and a Raft of Potential Conflicts"},"content":{"rendered":"
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Vivek Ramaswamy is the less famous and less wealthy half of the duo of billionaires that President-elect Donald J. Trump has designated to slash<\/a> government costs.<\/p>\n

His better-known co-leader, Elon Musk, stands to benefit<\/a> from the job in ways that are numerous and glaring. Mr. Musk\u2019s companies have tremendous influence, billions of dollars in government contracts and ongoing battles with federal regulators.<\/p>\n

Less attention has been paid to the potential conflicts that could stem from Mr. Ramaswamy\u2019s complex web of financial interests, which span biotechnology, finance and other holdings.<\/p>\n

At 39, he is one of the world\u2019s youngest billionaires, having made his fortune<\/a> in the pharmaceutical industry. As he reaches into the federal bureaucracy that shapes the fortunes of American companies, he could recommend spending cuts that ultimately make him and his investors richer. <\/p>\n<\/div>\n<\/div>\n

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Mr. Ramaswamy, who owns a stake currently valued at nearly $600 million in a biotechnology company he started, has called for changes at the Food and Drug Administration that would speed up drug approvals. He could help shape energy policy to promote fossil fuels, making it more attractive for investors to put their money into an oil-and-gas fund, provocatively called DRLL, offered by his investment firm. <\/p>\n

And if he were to boost officials who embrace cryptocurrency, it may benefit his firm\u2019s new Bitcoin business.<\/p>\n

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Vivek Ramaswamy is the less famous and less wealthy half of the duo of billionaires that President-elect Donald J. Trump has designated to slash government costs.His better-known co-leader, Elon Musk, stands to benefit from the job in ways that are numerous and glaring. Mr. Musk\u2019s companies have tremendous influence, billions of dollars in government contracts and ongoing battles with federal regulators.Less attention has been paid to the potential conflicts that could stem from Mr. Ramaswamy\u2019s complex web of financial interests, which span biotechnology, finance and other holdings.At 39, he is one of the world\u2019s youngest billionaires, having made his fortune in the pharmaceutical industry. As he reaches into the federal bureaucracy that shapes the fortunes of American companies, he could recommend spending cuts that ultimately make him and his investors richer. Mr. Ramaswamy, who owns a stake currently valued at nearly $600 million in a biotechnology company he started, has called for changes at the Food and Drug Administration that would speed up drug approvals. He could help shape energy policy to promote fossil fuels, making it more attractive for investors to put their money into an oil-and-gas fund, provocatively called DRLL, offered by his investment firm. And if he were to boost officials who embrace cryptocurrency, it may benefit his firm\u2019s new Bitcoin business.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0log into\u00a0your Times account, or\u00a0subscribe\u00a0for all of The Times.Thank you for your patience while we verify access.Already a subscriber?\u00a0Log in.Want all of The Times?\u00a0Subscribe.<\/p>\n","protected":false},"author":1,"featured_media":20060,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-20058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/20058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20058"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/20058\/revisions"}],"predecessor-version":[{"id":20061,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/20058\/revisions\/20061"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/20060"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}