Trump picks Dr. Oz to lead massive Medicare, Medicaid agency CMS

Trump picks Dr. Oz to lead massive Medicare, Medicaid agency CMS


Pennsylvania Republican U.S. Senate candidate Dr. Mehmet Oz poses for a portrait outside of a poling location during the primary election in Rockledge, Pennsylvania, U.S. May 17, 2022. 

Hannah Beier | Reuters

President-elect Donald Trump on Tuesday said he would nominate Dr. Mehmet Oz, the celebrity TV host physician, to lead the Centers for Medicare & Medicaid Services.

CMS operates or oversees health-care programs that provide coverage to about 1 out of every 2 Americans, including Medicare, Medicaid, the Children’s Health Insurance Program, and the Obamacare marketplace exchange Healthcare.gov.

Those four programs account for $1.6 trillion in spending, or nearly 25% of the entire federal budget.

CMS is an agency within the Health and Human Services Department.

Trump last week said he would nominate Robert F. Kennedy Jr., a vaccine skeptic and conspiracy theorist, as HHS secretary.

“Our broken Healthcare System harms everyday Americans, and crushes our Country’s budget,” Trump said in a statement announcing his intention to nominate Oz.

“Dr. Oz will be a leader in incentivizing Disease Prevention, so we get the best results in the World for every dollar we spend on Healthcare in our Great Country,” Trump said. “He will also cut waste and fraud within our Country’s most expensive Government Agency, which is a third of our Nation’s Healthcare spend, and a quarter of our entire National Budget.”

 Chiquita Brooks-LaSure is the current CMS administrator.

This is breaking news. Please refresh for updates.



Source

Adani Group slams ‘baseless’ New York fraud and bribery charges
World

Adani Group slams ‘baseless’ New York fraud and bribery charges

Gautam Adani, chairman of Adani Group, speaks during the Forbes CEO Summit in Singapore, on Tuesday, Sept. 27, 2022. India needs fossil fuels to serve large populations and getting rid of all fossil fuels instantly would not work for the nation, Adani said. Photographer: Edwin Koo/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images […]

Read More
British regulators will soon announce competition remedies for the multibillion-pound cloud industry
World

British regulators will soon announce competition remedies for the multibillion-pound cloud industry

Ofcom said it received evidence showing Microsoft makes it less attractive for customers to run its Office productivity apps on cloud infrastructure other than Microsoft Azure. Igor Golovniov | Sopa Images | Lightrocket via Getty Images LONDON — Britain’s competition regulator is preparing remedies aimed at solving competition issues in the multibillion-pound cloud computing industry. […]

Read More
European stocks head for slightly higher open amid subdued market sentiment
World

European stocks head for slightly higher open amid subdued market sentiment

Asian chip stocks slump as Nvidia’s slowing revenue growth worries investors Asian semiconductor-related stocks mostly slumped on Thursday after Nvidia reported an earnings forecast that failed to meet the lofty expectations of some investors. While Nvidia’s third-quarter results exceeded analysts’ expectations and delivered a strong forecast for the current quarter, its shares still shed 2.5% in extended trading to roughly $142.20 […]

Read More