• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Economy

Senate committee advances nomination of Dr Oz to run Centers for Medicare and Medicaid Services

by March 26, 2025
by March 26, 2025

The Senate Committee on Finance voted along party lines Tuesday afternoon to advance Dr. Mehmet Oz, President Donald Trump’s pick to lead the Centers for Medicare and Medicaid Services, to a full confirmation vote. 

The party-line vote, which saw 14 GOP senators vote in favor of Oz’s nomination and 13 Democrats vote against it, follows two hearings by the Senate Finance Committee that probed Oz over his plans for the federal healthcare programs, his views on abortion, potential conflicts of interest in the healthcare industry and more.

‘Dr. Oz has years of experience as an acclaimed physician and public health advocate. His background makes him uniquely qualified for this role, and there is no doubt that he will work tirelessly to deliver much-needed change at CMS,’ Sen. Mike Crapo, R-Idaho, the chairman of the committee, said Tuesday. 

Oz graduated from Harvard University and received medical and business degrees from the University of Pennsylvania. He is a former heart surgeon who saw his fame rise through his appearances on daytime TV and 13 seasons of ‘The Dr Oz Show.’

Oz later transitioned into politics, launching an unsuccessful bid for Pennsylvania’s open Senate seat in 2022. He ultimately lost to John Fetterman, then the state’s lieutenant governor. 

If confirmed by the full Senate, Oz would be in charge of nearly $1.5 trillion in federal healthcare spending. Medicare, a federal healthcare program for seniors aged 65 and up, currently provides coverage for about 65 million Americans, according to the Center for Medicare Advocacy. Medicaid, which assists people with low incomes, covers roughly 72 million Americans, according to Medicaid.gov.

Oz’s leadership would direct decisions related to how the government covers procedures, hospital stays and medication within the federal healthcare programs, as well as the reimbursement rates at which healthcare providers get paid for their services.

Earlier this month, Trump’s pick to lead the NIH and FDA, Dr. Jay Bhattacharya and Dr. Marty Makary, respectively, were also approved in committee and are awaiting full confirmation votes in the Senate scheduled for later Tuesday. It is unclear when Oz’s full Senate vote will take place.

Around the same time that Bhattacharya and Makary won committee approval, Trump withdrew his nomination of former Florida Rep. David Weldon to run the CDC, over fears he did not have the GOP support to clear full confirmation. On Monday, the Trump administration named Susan Monarez, acting director of the CDC, as its new nominee.

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump orders FBI to declassify documents from ‘Crossfire Hurricane’ Russia investigation
next post
Trump says Waltz doesn’t need to apologize over Signal text chain leak: ‘Doing his best’

Related Posts

The Techno-Industrial Policy Playbook Isn’t Conservative — It’s...

June 23, 2025

Dollar’s Decline Meets Rising Dedollarization: The Threat Comes...

June 23, 2025

The Techno-Industrial Policy Playbook Isn’t Conservative — It’s...

June 23, 2025

Dollar’s Decline Meets Rising Dedollarization: The Threat Comes...

June 23, 2025

Pro-life movement confronts high abortion rates three years...

June 23, 2025

Americans found to have increasing appetite for active...

June 23, 2025

‘Baby steps’: Leader Thune details his work to...

June 23, 2025

Russian leader claims multiple countries prepped to provide...

June 23, 2025

Sen Cotton warns Iran to seek peace, lists...

June 23, 2025

Inside the Situation Room, where Trump and his...

June 23, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • The Techno-Industrial Policy Playbook Isn’t Conservative — It’s Central Planning

    June 23, 2025
  • Dollar’s Decline Meets Rising Dedollarization: The Threat Comes from Within

    June 23, 2025
  • Industrial Automation Market to Reach USD 570.4 Billion by 2035

    June 23, 2025
  • Kontakt.io Launches Temperature Monitoring Solution for Critical Healthcare Supplies

    June 23, 2025
  • Treon expands its monitoring capabilities with the launch of Treon Connect Vehicle Monitoring

    June 23, 2025
  • The Techno-Industrial Policy Playbook Isn’t Conservative — It’s Central Planning

    June 23, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 6

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025
  • 7

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025

Categories

  • Economy (1,581)
  • Editor's Pick (167)
  • Investing (185)
  • Stock (1,025)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

From tariffs to DOGE, what companies are...

February 20, 2025

Vance’s ‘America First’ approach goes global, takes...

March 29, 2025

Inside Mike Johnson’s meeting with judiciary hawks...

March 27, 2025