Vivek Ramaswamy Drops Out of 2024 Presidential Race and Endorses Trump

A self-funding entrepreneur, Mr. Ramaswamy peaked in late August but deflated under attack from his rivals. He endorsed Donald J. Trump after dropping out after the Iowa caucuses.

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Vivek Ramaswamy Drops Out of 2024 Presidential Race and Endorses Trump | INFBusiness.com

Vivek Ramaswamy during former President Donald J. Trump’s speech at a caucus site in Clive, Iowa, on Monday.

Vivek Ramaswamy, the 38-year-old entrepreneur and political newcomer who briefly made a splash with brash policy proposals and an outsize sense of confidence, dropped out of the race for the Republican White House nomination after a disappointing fourth-place finish in the Iowa caucuses.

He then immediately endorsed former President Donald J. Trump for the White House.

“We did not achieve the surprise that we wanted to deliver tonight,” he said in Des Moines on Monday night.

Mr. Ramaswamy, who funded much of his campaign from a personal fortune made in biotechnology and finance, was an unlikely contender at one point. He clung closely to Mr. Trump, vowing to support him even if he was convicted of felonies, promising to pardon him if elected to the White House, and saying he would voluntarily remove his name from the ballot in states that succeeded in knocking Mr. Trump from the ballot as an “insurrectionist” disqualified by the Constitution.

Then two days before the Iowa caucuses, Mr. Trump’s campaign turned on him, declaring him a fraud, and the former president — after months of warmth toward his would-be rival — demanded that voters reject Mr. Ramaswamy and vote for him.

By then, the Harvard-educated Mr. Ramaswamy had embraced increasingly apocalyptic conspiracy theories; spoke of a “system” that would block Mr. Trump from office and install a “puppet,” Nikki Haley; called the Jan. 6, 2021, attack on the Capitol an “inside job” orchestrated by federal law enforcement; and begun trafficking in the racist theory of “replacement” that holds falsely that Democrats are importing immigrants of color to supplant white people.

The theory, which has fueled white supremacist rampages in Buffalo, N.Y., Pittsburgh and El Paso, Texas, “is not some grand right-wing conspiracy theory,” he said in one Republican primary debate, “but a basic statement of the Democratic Party’s platform.”

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