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Dem’s attacks on Dr Oz are about chilling debate on healthcare policy — not his stock portfolio

4 min readJan 24, 2025

Their latest line of attack is to trumpet that Dr. Oz once owned stock in some of the nation’s most successful businesses.

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Now that Donald Trump’s inauguration has passed, all eyes are on getting his cabinet nominees confirmed.

Trump has named Dr. Mehmet Oz to run the Centers for Medicare and Medicaid Services (CMS), and the left is furious. Their latest line of attack is to trumpet that Dr. Oz once owned stock in some of the nation’s most successful businesses.

Well, we can’t have that!

According to his financial disclosure forms, Dr. Oz has invested in healthcare companies such as CVS Health. He’s also owned stock in tech-heavy hitters like Amazon and Microsoft.

That might sound like a typical portfolio — more than 60 percent of Americans own stock, with business success stories like Amazon always a tempting buy — but Democrats smell a rat. Oz’s critics say that because CVS provides health insurance plans under Medicare Advantage, which Oz would be overseeing at CMS, his owning their stock amounts to a conflict of interest. The same goes for Amazon and Microsoft, which contract with CMS to provide tech services.

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Michael Busler
Michael Busler

Written by Michael Busler

Dr. Busler is an economist and a public policy analyst. He is a Professor of Finance at Stockton University. His op-ed columns appear in Townhall, Newsmax.

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