• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
PoliticsDonald Trump

Mehmet Oz endorsed products without noting financial ties, watchdog says

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
December 3, 2024, 8:19 PM ET
Dr. Mehmet Oz.
Mehmet Oz, the celebrity doctor named to oversee Medicare in the Trump administration, posted online endorsements of herbal products that threaten to run afoul of US marketing rules, according to a health watchdog.Photo by Mark Makela/Getty Images

Mehmet Oz, the celebrity doctor named to oversee Medicare in the Trump administration, posted online endorsements of herbal products that threaten to run afoul of US marketing rules, according to a health watchdog.

Recommended Video

Oz regularly touted products from iHerb, a supplement company, in posts on X and other social media sites, without prominently noting his position as a paid adviser, according to a letter from Public Citizen. The nonprofit consumer advocacy group urged the Bureau of Consumer Protection to investigate whether Oz violated Federal Trade Commission rules for influencer marketing. 

Oz didn’t immediately respond to an emailed request for comment. 

President-elect Donald Trump’s appointees to run the nation’s health agencies have been assailed by Democratic lawmakers for their embrace of unproven medical theories, such as Robert F. Kennedy Jr.’s vaccine skepticism. With 3.7 million followers on X and 1.1 million on Instagram, Oz has already come under fire for his enthusiastic endorsements of products such as green coffee bean extract and raspberry ketone. 

Running the Centers for Medicare and Medicaid Services “is a position of trust which, among other things, requires protecting taxpayers from fraudsters and scammers,” Robert Weissman, Public Citizen’s co-president, said in a statement. “If Dr. Oz is careless about fair advertising rules himself, can we expect him to crack down on those who would bilk Medicare?”

In frequent posts that mention iHerb, Oz failed to note that they were advertisements and that he’s a stakeholder in the company, according to Public Citizen. According to FTC rules, endorsement disclosures should be made with every promotion.

Thanksgiving is a perfect excuse for practicing gratitude — which also happens to be a proven way to reduce stress. You can also reduce stress with adaptogens like ashwagandha from a trusted source like @iHerb. Happy Thanksgiving! https://t.co/YhPf8fLbiT

— Dr. Mehmet Oz (@DrOz) November 27, 2024

As head of the CMS, Oz would oversee an agency that manages health care for more than one-third of Americans with $1.7 trillion in annual spending. Oz has also promoted private versions of Medicare, the government program for seniors, and invested in companies that sell them.

Oz and his wife, Lisa, have disclosed holdings in UnitedHealth Group Inc., the biggest US health insurer, of at least $250,001. The holdings were disclosed in a form that Oz filed as part of his candidacy for a Senate seat in Pennsylvania in 2022. 

The couple also held smaller stakes in CVS Health Corp. stock, the parent company of insurer Aetna, and Cigna Group, according to the disclosure. 

Those stocks suffered in recent months as the Biden administration moved to restrict payments, stiffening rules that limit reimbursement. Stocks including Humana and CVS also fell as CMS reduced quality ratings, called stars, that determine future payments. 

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Author
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

PayPal reaches $30 million DOJ settlement over 2020 program for Black-owned businesses
LawDEI
PayPal reaches $30 million DOJ settlement over 2020 program for Black-owned businesses
By Kristen Parisi and HR BrewMay 14, 2026
7 hours ago
Senators are ‘putting our money where our mouth is’ and approve withholding their pay during government shutdown
PoliticsCongress
Senators are ‘putting our money where our mouth is’ and approve withholding their pay during government shutdown
By The Associated Press, Joey Cappelletti and Mary Clare JalonickMay 14, 2026
10 hours ago
starmer
PoliticsUnited Kingdom
Starmer sees open rebellion break out, challenge incoming from former Health Secretary
By Danica Kirka, Brian Melley, Pan Pylas and The Associated PressMay 14, 2026
14 hours ago
trump
AsiaWhite House
Trump tells Xi, ‘It’s an honor to be your friend.’ Xi responds by talking about Taiwan
By Will Weissert, Aamer Madhani and The Associated PressMay 14, 2026
14 hours ago
Wall Street no longer believes Kevin Warsh can do what President Trump wants
EconomyMarkets
Wall Street no longer believes Kevin Warsh can do what President Trump wants
By Jim EdwardsMay 14, 2026
17 hours ago
trump
Commentarynational debt
The deficit just grew by $955 billion in 7 months. It’s time for a constitutional fix to control the budget
By Steve H. Hanke and David M. WalkerMay 14, 2026
18 hours ago

Most Popular

Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that
Success
Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that
By Preston ForeMay 13, 2026
1 day ago
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
2 days ago
Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centers
Travel & Leisure
Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centers
By Catherina GioinoMay 12, 2026
2 days ago
The airplane fuel shortage is a myth propagated by airlines who want to cancel unprofitable flights, says private jet CEO
Energy
The airplane fuel shortage is a myth propagated by airlines who want to cancel unprofitable flights, says private jet CEO
By Jim EdwardsMay 14, 2026
19 hours ago
Steve Jobs had a 'beer test' he used for interviews at Apple—if he didn’t want to drink with you, you didn’t get the job
Success
Steve Jobs had a 'beer test' he used for interviews at Apple—if he didn’t want to drink with you, you didn’t get the job
By Orianna Rosa RoyleMay 14, 2026
19 hours ago
I spent 8 years building Google Sheets. Now I think apps are on their way out
Commentary
I spent 8 years building Google Sheets. Now I think apps are on their way out
By Zach LloydMay 13, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.