Ramaswamy Has a High-Profile Perch and a Raft of Potential Conflicts
Published On Jan 15, 2025, 12:08 PM
Vivek Ramaswamy, a billionaire and partner of Elon Musk, is involved in government efforts to cut costs. With substantial financial interests in biotechnology and potentially in cryptocurrency and oil-and-gas, his decisions could enhance his wealth and that of his investors. His push for regulatory changes, particularly in drug approvals and energy policy, positions him as a significant player who could drive investments in sectors favorably aligned with his interests.
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Ramaswamy's influence on government policies may lead to increased investments in biotechnology and energy, particularly fossil fuels. His push for regulatory changes could make certain sectors, such as oil and gas and biotech, more lucrative. This aligns well with his vested interests, notably in his biotechnology firm and an oil-and-gas ETF.