In a surprising turn of events, biotech entrepreneur Vivek Ramaswamy has suspended his bid for the 2024 Republican presidential nomination and endorsed former President Donald Trump, following a distant fourth-place finish in Iowa’s leadoff caucuses.
Ramaswamy, a 38-year-old political newcomer who sought to emulate Trump’s rise as a wealthy outsider, conceded after realizing there was no viable path forward for him in the race. He announced to supporters gathered at a Des Moines hotel, citing the absence of prospects “absent things that we don’t want to see happen in this country.”
Having called Trump to congratulate him on his Iowa victory, Ramaswamy stated, “Trump will have my full endorsement for the presidency,” urging his supporters to follow him in taking the “America First” movement to the next level.
During his campaign, Ramaswamy praised Trump as “the best president of the 21st century” but advocated for “fresh legs” to carry forward the America First agenda. Despite needling most of his opponents, Ramaswamy’s decision to endorse Trump underscores the former president’s enduring influence in Republican politics.
Trump, acknowledging Ramaswamy’s efforts, commented in his victory speech that Ramaswamy “did a helluva job.” Ramaswamy hinted at appearing with Trump in New Hampshire and suggested that Florida Gov. Ron DeSantis and former U.N. Ambassador Nikki Haley should withdraw from the race as well.
Ramaswamy’s campaign, which included a call for “revolution,” sought to position him as a potential alternative to Trump. However, his distant finish in Iowa reaffirms Trump’s dominance in the Republican political landscape.
The biotech entrepreneur expressed openness to vice-presidential consideration and emphasized his commitment to truth. His foray into politics came after a successful career making hundreds of millions of dollars at the intersection of hedge funds and pharmaceutical research.
Ramaswamy, the son of Indian immigrants, presented a brash approach to politics, advocating for the deportation of American-born children of immigrants residing illegally, questioning the government’s account of 9/11, and calling for substantial reductions in the federal workforce.
Despite his unconventional style and promises to keep the U.S. out of World War III, Ramaswamy faced criticism for overlooking contradictory details and navigating Trump carefully on certain issues.
As the 2024 presidential race unfolds, Ramaswamy’s decision to endorse Trump serves as a notable development, underscoring the continued influence and appeal of the former president within the Republican Party.
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