Oz, Trump’s Medicare Nominee, Pledges to Divest Interests in Health Care Stocks

Published On Feb 19, 2025, 5:52 PM

Dr. Mehmet Oz, a high-profile figure recently nominated to lead the Centers for Medicare and Medicaid Services, disclosed that he will divest from numerous health-related investments, including a lucrative holding in the supplement company iHerb. His investments also span various healthcare stocks and artificial intelligence companies. The move comes amid scrutiny as he prepares for confirmation by the Senate, with his iHerb investment estimated between $5 million to $25 million. It remains uncertain when exactly he will sell these holdings, although he has committed to divesting within 90 days post-confirmation.