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Kennedy Aide’s Stake in Truemed Tests Ethics Rules

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Calley Means advised Robert F. Kennedy Jr. while serving as president of Truemed, a wellness firm selling tax-favored saunas and supplements. Records show the Trump team pushed health savings accounts that could enrich his business. Means ignored congressional questions about whether these policies served personal holdings during months of dual roles at Health and Human Services.

Ethics filings placed $25 million to $50 million in Means’s Truemed stake through November as he helped shape rules expanding access to the accounts. President Trump signed a law allowing roughly 10 million more Americans to open these accounts, enabling purchases of supplements and devices via medical letters that regulators warned often misstate tax law. Such growth lifted venture backing before the inauguration.

Means resigned and divested in November, ending formal barriers to policies aiding the company he sold to venture firms. Anthony Alfieri called dual roles a double game eroding public trust. The administration counts health savings accounts central to its healthcare overhaul while insisting Means complied with all rules governing special employees.