Republican presidential candidate Vivek Ramaswamy says he’s committed to pouring plenty of his own resources into his run for the White House.
Ramaswamy, a health care and tech sector entrepreneur, conservative commentator, and crusader in the culture wars who declared his candidacy for president on Tuesday in a live interview on the Fox News Channel, is worth roughly $600 million according to Forbes. And Ramaswamy hasn’t disputed past estimates that he has a net worth of half a billion dollars.
While he won’t offer a dollar amount, the 37-year-old Ramaswamy told Fox News Digital in an interview during a campaign stop in New Hampshire that he’s “committed to the success” of his presidential campaign.
Republican presidential candidate Vivek Ramaswamy takes questions at town hall style campaign event, on Feb. 22, 2023 in Manchester, New Hampshire(Fox News )
“I expect to make a meaningful investment,” Ramaswamy said when asked how much he’ll invest in his presidential bid.
“I am in a privileged position. I’m not going to apologize for my success, and I hope to use that to be able to further a positive position for the country,” he added.
While Ramaswamy didn’t give a dollar amount, a Republican strategist with knowledge of the campaign’s plans said “it’s not out of the question,” when asked about a rumor that the candidate could dish out $100 million of his own money on his White House bid.
The operative, who asked to remain anonymous to speak more freely, said Ramaswamy is “going to write a check so that he’s not in danger of being forced out of the race by money.”
Republican presidential candidate Vivek Ramaswamy takes questions at town hall style campaign event, on Feb. 22, 2023 in Manchester, New Hampshire(Fox News )
The strategist added that campaign was averaging 1,000 unique donors per day since launching on Tuesday and that Ramaswamy’s “aim is build this grassroots movement where he’s getting lots of small dollar donations.”
Ramaswamy told Fox News “here’s what I don’t believe in doing. I don’t believe in going to a bunch of donors, asking them for permission to run, ringing the tin can and carrying a hat in hand.”
“I think the beautiful part of our country is the people get to decide who wins, and so I think a bottom-up approach is an important part of this for me… if people are going to support my message, that’s what’s ultimately going to lift this campaign,” Ramaswamy said.
Paul Steinhauser is a politics reporter based in New Hampshire.
TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 103.40 points at 24,542.48.
In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.
The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.
The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.
The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.
This report by The Canadian Press was first published Oct. 16, 2024.
TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.
The S&P/TSX composite index was up 205.86 points at 24,508.12.
In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.
The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.
The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.
The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.
This report by The Canadian Press was first published Oct. 11, 2024.
TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.
The S&P/TSX composite index was up 0.05 of a point at 24,224.95.
In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.
The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.
The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.
The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.
This report by The Canadian Press was first published Oct. 10, 2024.
