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Friday, September 15, 2023

Goldman Sachs is in the spotlight as tech firms Arm and Instacart test IPO market | Moderna says mRNA flu shot generates better immune response in study than currently available vaccine | CNN | Location of Ramaswamy Speech Speaks Volumes About GOP Race

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Location of Ramaswamy Speech Speaks Volumes About GOP Race - Time   

Later this morning, Vikek Ramaswamy will stride into the lobby of a seven-story building on the boulevard between the Capitol and the White House to deliver what his campaign advisers call a major policy speech. The biotech investor intends to get in specifics of how exactly he plans to exploit the full powers of a unitary and nearly unlimited executive branch in ways that Donald Trump fell short of doing.

This is not surprising policy fare, coming from a presidential candidate. What is more notable is the location. Rather than traveling to an early primary state to spell out how he plans to scrap a huge portion of the federal workforce without consulting Congress, Ramaswamy is rolling out his framework at the offices of a think tank widely seen as largely existing to serve as a White House-in-waiting for his chief rival.

That’s right. Ramaswamy is speaking at the Trump-aligned America First Policy Institute, a nonprofit helmed by his loyalists and headquartered kitty-corner to his former flagship D.C. hotel. Officially independent of the Trump campaign and nominally nonpartisan, it nonetheless draws funding from his super PAC (along with anonymous megadonors) and counts former top Trump aides like Linda McMahon and Larry Kudlow as leaders. But much like The Center for American Progress was seen as ClintonLand in Exile, America First is Trump’s hot plate for the smarties who might, in the next term, finish the unfinished job. This one is, to its credit, doing some legitimate scholarship. 

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