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Dr. Mehmet Oz had up to $33 million in companies doing business with agency he'd run

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Dr. Mehmet Oz is Trump's pick to run the Centers for Medicare and Medicaid Services. Oz held stocks in companies doing business with Medicare.
Dr. Mehmet Oz, who was appointed by former President Donald Trump to lead the President's Council on Sports, Fitness, and Nutrition, had investments ranging from $1.3 million to $33.2 million in companies that conducted business with the agency he was overseeing. These investments were disclosed in financial disclosure forms when Oz ran for the U.S. Senate in 2022. The companies involved included HealthCor Group, LLC, where Oz was a managing director, and various other health and wellness firms like RealAge, Inc., and Sharecare, Inc. Despite the potential conflict of interest, Oz's role was unpaid, and he did not have direct control over the council's budget or contracts. However, his involvement raised ethical concerns about the intersection of his private business interests and his public role.

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