Trump Nominates RFK Jr. to Head Health and Human Services -- Barrons.com

Dow Jones11-15

By Josh Nathan-Kazis

Donald Trump nominated Robert F. Kennedy Jr., a vaccine skeptic and harsh critic of federal health agencies, to be his Secretary of Health and Human Services.

Trump announced the nomination in a post on Truth Social. "HHS will play a big role in helping ensure that everybody will be protected from harmful chemicals, pollutants, pesticides, pharmaceutical products, and food additives that have contributed to the overwhelming Health Crisis in this Country," he wrote.

Kennedy, who Trump has indicated since late in his campaign would have a leading role overseeing public health, is an unorthodox pick to lead HHS.

The Food and Drug Administration and the Centers for Disease Control and Prevention, among other agencies, all report to the HHS secretary.

The prospect of Kennedy leading HHS or a similar agency has cast major uncertainties over the health system in recent days.

Shares of vaccine makers are down since the election. Moderna, the Covid-19 vaccine manufacturer, dropped sharply in the final moments of trading on Thursday, as Politico reported that Kennedy will be tapped for the HHS job.

Moderna shares were down 5.6% Thursday, and shares of Novavax dropped 7%.

The implications, however, could go far beyond the vaccine industry.

Kennedy has promoted health-related conspiracy theories, including the discredited notion of a link between childhood vaccines and autism. Last year, the New York Post reported that he said there is "an argument" that the Covid virus is "ethnically targeted" and that the people "most immune are Ashkenazi Jews and Chinese."

The Senate will need to vote to approve Trump's nomination of Kennedy to the post.

Write to Josh Nathan-Kazis at josh.nathan-kazis@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

November 14, 2024 16:18 ET (21:18 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment