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While Advising Kennedy, Top Aide Had More Than $25 Million Stake in Wellness Company
Calley Means remained president of a company that relied on health savings accounts last year as the Trump administration developed policies to expand them.
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“The decision to support the Trump administration’s efforts to reverse childhood chronic disease is the best professional decision of my life,” said Calley Means.
Credit...
Al Drago for The New York Times
By
Christina Jewett
and
Benjamin Mueller
April 24, 2026,
11:33 a.m. ET
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For most of last year, Calley Means, a top aide to Health Secretary Robert F. Kennedy Jr., was advising on changes to the American health system while running a rapidly growing wellness company poised to benefit from Trump administration health policies.
Records released to The New York Times by an ethics office at the Department of Health and Human Services show that Mr. Means held between $25 million and $50 million in stock in the company, Truemed, through November, as he continued to serve as its president. For months, Mr. Means has ignored questions from Democrats in Congress about his finances, including the extent of his stake in Truemed, and how they related to federal policy.
Truemed helps people buy products, including $10,000 saunas and radiation-blocking underwear, with health savings accounts that are not subject to federal income tax. President Trump broadened the pool of people who could use such accounts last summer when he signed a wide-ranging law allowing
an estimated 10 million
additional Americans to open health savings accounts.
The records The Times obtained cover a period when Mr. Means worked as a special government employee. In November he became a permanent full-time employee and, he said, divested and resigned from Truemed.
“When I was asked to serve as an S.G.E., I worked to support wins like removing food dyes and flipping the food pyramid — never touching H.S.A. policy,” Mr. Means said in a statement. “When asked to join full time, I fully divested shares from the thriving company and nonprofit I built to incentivize healthier food.”
He said that some people thought he was “crazy” to leave the thriving company he founded, but that “the decision to support the Trump administration’s efforts to reverse childhood chronic disease is the best professional decision of my life and I have no regrets.”
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