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Biotech entrepreneur Vivek Ramaswamy suspended his bid for the 2024 Republican presidential nomination on Monday and endorsed former President Donald Trump after a disappointing end in Iowa’s leadoff caucuses.
Ramaswamy, a 38-year-old political novice who sought to duplicate Trump’s rise as a bombastic, rich outsider, stated, “As of this second we’re going to droop this presidential marketing campaign. There’s no path for me to be the following president absent issues that we don’t need to see occur on this nation.”
Throughout the marketing campaign, he needled his opponents however praised Trump as “the most effective president of the twenty first century.” He argued, although, that Republicans ought to go for “recent legs” and “take our America First agenda to the following stage.”
The strategy, together with his name for “revolution,” vaulted Ramaswamy into the combination of candidates vying to overhaul Trump — or at the least turn out to be a viable different. His resolution to drop out, although, turns into the most recent affirmation that the previous president, even at 77 years outdated and below a number of felony indictments, nonetheless dominates Republican politics and stays the overwhelming favourite to win the GOP nomination for the third consecutive time.
Ramaswamy’s failure additionally affirms how tough it’s for any Republican apart from Trump to push the bounds of occasion orthodoxy, because the first-time candidate discovered little political reward for positions resembling his opposition to assist for Israel and Ukraine.
The son of Indian immigrants, Ramaswamy entered politics on the highest stage after making lots of of thousands and thousands of {dollars} on the intersection of hedge funds and pharmaceutical analysis, a profession he charted and constructed whereas graduating from Harvard College after which Yale Legislation Faculty. He delivered to his marketing campaign the identical brash strategy he used to coax cash from traders even when the medicine he touted by no means made it to the market.
Invoice Barrow, The Related Press
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