Vivek Ramaswamy, Top Private Sector Voice Against ESG, Teases Possible Presidential Run

Strive Asset Management Executive Chairman Vivek RamaswamyAn ex-biotechnology executive, and leading voice against the sexism of the ESG The investing movement teased a potential bid for the White House Monday.

According to a report, the business leader is gaining name recognition in Idaho’s crucial Republican primary state. Report POLITICO. Ramaswamy plans to run an ideas-based election. Ramaswamy will enter the Republican primary field currently headed by former President Donald Trump (and Florida Governor Ron DeSantis).

Ramaswamy was seen to Check out the confirmation His Monday presidential ambitions on social media: retweeting Politico’s story and commenting “stay tuned.”

“I think the GOP has a historic opportunity to answer the question of what it means to be an American at the moment where we lack a national identity,” Ramaswamy said it to the outlet. “I’m grateful that many Republican governors and other leaders have borrowed my message and woven it into their policy agendas. But when it comes to who leads our country next, I believe that it’s going to take a leader who shares his own vision, not someone else’s, and that’s what calls me to do this.”

He has apparently assembled a campaign staff of about 20 people. Kathy Barnette (the former Pennsylvania Senate primary contender) will be leading his potential grassroots efforts. Tricia MacLaughlin, who managed communications for Ohio Governor Mike DeWine would be his press secretary.

Strive was founded by Roivant Sciences’ former chief executive. It was launched last year to encourage portfolio companies to reject investment strategies that were motivated by the corporate governance, environmental, and social movements. Strive was launched recently unveiled ExxonMobil and Chevron took a number of actions to stop the firms from “prioritizing ESG over excellence.” For example, the company co-authored a shareholder resolution to Home Depot, which would reverse a previous proposal by BlackRock to run a “racial equity audit.”

Ramaswamy, a son of Indian immigrants and a Yale Law School graduate, often claims that America’s economic woes are made worse by its rejection of meritocracy as well as its embrace of left-wing political agendas and social policies.

“I believe that I’ve developed a vision for American national identity that I have deep conviction for and is the product of my own journey of having lived the gifts that this country has afforded me,” POLITICO was informed by him. “And the combination of both doing it intellectually and having personally experienced that vision of our nation makes me well suited to articulate that and deliver on it.”

Ramaswamy’s candidacy would follow Republican state treasurers Diversification some $12 billion from asset manager BlackRock over the firm’s promotion of the ESG movement. Oklahoma and Texas are among the states that have passed. Measures That would punish asset management companies that boycott the fossil fuel sector for ideological reasons. Recently, Republican attorneys general Filled suit against the Biden administration’s Labor Department over a rule that would nix a previous ban on ESG investments for retirement fiduciaries.

American investors are generally skeptical of ESG investment strategies. They desire to see their money allocated in a political neutral way. An Exclusive Poll The Daily Wire revealed that 64% believed this year, according to The Daily Wire. “individual investors whose savings are being invested” Funds should be appropriated according ESG standards. However, only 20% of those surveyed believe this. “Wall Street asset managers” Should make such decisions.