Jeb Bush to Step Down From Co. That Promoted Obamacare

Jeb Bush is resigning from the board of Tenet Healthcare Corp, a company that supported and promoted Obamacare.

The former Florida governor, who is mulling a run for the White House, said in a regulatory filing that he would step down at the end of the year from the board, on which he has been a director since 2007.

The move appeared to add to speculation that he will make a run. Obamacare is opposed by conservatives and many Republicans, and Bush has criticized the health care measure, calling it “flawed to its core.”

A Bush spokesman said last week that the potential Republican contender will leave his advisory role with British banking giant Barclays by Dec. 31, the Associated Press said.

According to corporate filings, Bush sits on the boards of three other companies – Rayonier Inc., Empower Software Solutions and CorMatrix Cardiovascular Inc. – and is chairman and manager of Britton Hill Holdings, a Florida-based private equity and business advisory group.

While some strategists have said Bush’s private-equity work could open him to some of the same criticisms that dogged the GOP’s last presidential nominee, business executive and former Massachusetts Gov. Mitt Romney, Bush himself has said his business record would be an asset in a campaign.

“We’re creating jobs. We’re expanding business. I’m not ashamed of that at all,” Bush said of his private-equity work in a recent interview with ABC’s Miami affiliate WPLG-TV. “I think that practical experience is something that might be useful in Washington, D.C., to be honest with you.”


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