{"id":557,"date":"2025-04-20T17:59:37","date_gmt":"2025-04-20T17:59:37","guid":{"rendered":"https:\/\/www.sterlingcooper.info\/blog\/?p=557"},"modified":"2025-04-20T17:59:37","modified_gmt":"2025-04-20T17:59:37","slug":"dr-fauci-rakes-in-millions-after-retiring","status":"publish","type":"post","link":"https:\/\/www.sterlingcooper.info\/blog\/dr-fauci-rakes-in-millions-after-retiring\/","title":{"rendered":"DR. FAUCI RAKES IN MILLIONS AFTER “RETIRING”"},"content":{"rendered":"
\n

Fauci\u2019s First Year of \u2018Retirement\u2019 Was a Money Making Bonanza<\/h1>\n<\/header>\n

Fauci received several six-figure deposits through 2023 totaling $1.15 million according to a 141-page financial disclosure obtained by Open The Books<\/a>, a government watchdog group.<\/p>\n

\"\"<\/p>\n

The documents do not describe the source of the deposits.<\/p>\n

Fauci leveraged his celebrity status as the top trusted messenger on COVID-19 to pad his earnings in 2023, just as newly empowered Congressional investigators sharpened their focus on the ways Fauci betrayed the public\u2019s trust at the pandemic\u2019s height.<\/p>\n

Fauci sold his memoir to a subsidiary of Penguin Random House for a reported\u00a0$5 million in March 2023.<\/a>\u00a0That news coincided with a March 2023 congressional memo showing Fauci had\u00a0privately \u201cprompted\u201d<\/a>\u00a0an influential paper dismissing the theory that COVID could have resulted from a lab accident. On July 1, 2023, Fauci began an appointment at Georgetown University as distinguished university professor in both the School of Medicine and School of Public Policy. Roughly\u00a0two weeks later<\/a>, two of the coauthors of that paper testified to Congress about the extent of their collaboration with Fauci.<\/p>\n

The White House on Friday updated the official\u00a0covid.gov<\/a>\u00a0page to highlight this paper, \u201cThe Proximal Origin of SARS-CoV-2,\u201d and Fauci\u2019s behind-the-scenes role in downplaying the \u201clab leak theory.\u201d<\/p>\n

Fauci also accepted speaking gigs with several special interest groups in 2023. Some of these organizations and trade associations \u2014 including the National Association of Chain Drug Stores and American Health Insurance Plans (AHIP) \u2014 have policy agendas that intersect with the federal government\u2019s COVID-19 response or the National Institute of Allergy and Infectious Diseases, the NIH division that Fauci led for nearly four decades.<\/p>\n

Fauci\u2019s esteem in the scientific community was lucrative in 2023, despite nagging questions from Congress about his endorsement of gain-of-function research like the coronavirus experiments funded by NIAID in Wuhan, China.<\/p>\n

Fauci accepted medals with monetary prizes from the highest echelons of academia including Columbia University\u2019s Calderone Prize, worth $50,000, and the National Academy of Medicine\u2019s Lienhard Prize, worth $40,000.<\/p>\n

Fauci\u2019s final government salary totaled an unprecedented $480,654, the highest salary earned by any of the roughly 2.4 million employees who work for the federal government, including the president, according to Open The Books. Fauci continues to accept a six-figure pension.<\/p>\n

Fauci\u2019s net worth roughly doubled from $7.6 million the year prior to the COVID-19 pandemic in January 2019 to $15 million in 2023. Fauci also received taxpayer-funded transportation and security detail via the U.S. Marshals Service as a private citizen in 2023.\u00a0<\/strong><\/p>\n

\u201cDr. Fauci\u2019s assets soared during the worst of the draconian Covid lockdowns while families and small businesses struggled through school closures and lost income. Now it\u2019s clear the cash kept coming during his first year of \u2018retirement,\u2019\u201d said Open The Books CEO John Hart. \u201cHe was rubbing elbows with groups like AHIP flanked by taxpayer-funded security \u2014 even as his wife remained the top bioethicist at NIH.\u201d<\/p>\n

Amid concerns Fauci misled Congress under oath about the research in Wuhan, former President Joe Biden granted Fauci a\u00a0pardon on Jan. 20<\/a>.<\/p>\n

Fauci did not immediately respond to a request for comment.<\/p>\n

Delayed Retirement<\/h2>\n

Fauci announced in August 2022 that he would retire in December 2022. At the time, House Oversight Committee Chair James Comer of Kentucky\u00a0warned that<\/a>\u00a0\u201cretirement can\u2019t shield Dr. Fauci from congressional oversight.\u201d<\/p>\n

In November 2022, Congressional Republicans \u2014 who had been investigating connections between Fauci\u2019s NIAID and the Wuhan Institute of Virology \u2014 won control of the House of Representatives and thus key committees.<\/p>\n

Now, Open The Books has uncovered evidence through Fauci\u2019s\u00a0Application for Immediate Retirement<\/a>\u00a0that he delayed his retirement until Jan. 6, 2023 \u2014 three days after the new Congress started \u2014 but misinformed Congress about the change.<\/p>\n

Fauci sent a request to NIH Acting Director Larry Tabak to delay his retirement in order to retain personal protection, emails suggest.<\/p>\n

An email from Tabak to Fauci indicates a\u00a0memorandum of understanding<\/a>\u00a0with the U.S. Marshals Service was still tied up in the Office of General Counsel.<\/p>\n

\u201cOGC is working to clear the MOU from the USMS,\u201d Tabak said in a Dec. 27, 2022, email to Fauci confirming his delayed retirement date.<\/p>\n

In both a transcribed interview with congressional investigators in January 2024 and in public congressional testimony under oath in June 2024, Fauci described his retirement from federal service as having occurred in\u00a0December 2022<\/a>.<\/p>\n

Fauci\u2019s extraordinary MOU with the U.S. Marshals Service cost taxpayers roughly\u00a0$15 million<\/a>, Open The Books and journalist Jordan Schachtel reported in November 2024.<\/p>\n

The U.S. Marshals Service captures fugitives and protects judges and court witnesses. It\u2019s not clear that any other former federal employee has been protected under such an agreement, according to Open The Books.<\/p>\n

President Donald Trump terminated the arrangement on Jan. 23, along with the security details of former national security adviser John Bolton and former Secretary of State Mike Pompeo.<\/p>\n

\u201cThey all made a lot of money. They can hire their own security too,\u201d Trump said. \u201cFauci made a lot of money.\u201d<\/p>\n

Bioethics?<\/h2>\n

Some of the growth in the Fauci household\u2019s net worth stems from the taxpayer-funded salary of Dr. Christine Grady, a bioethicist at the National Institutes of Health, who earned $263,005 in 2024.<\/p>\n

An NIH official told the DCNF\u00a0earlier this month<\/a>\u00a0that although Grady had a good reputation within the bioethics discipline, she had a conflict of interest that posed ethical questions of its own.<\/p>\n

\u201cOne of the problems when the coverup was going on of the Wuhan lab leak, that whole fiasco, was that they were not listening to anyone giving ethics advice,\u201d the official said. \u201cIf they had had someone at the table with knowledge of this, they would have said: \u2018Hey do you want to play it this way, or be more transparent?\u2019 Someone could have raised the question.\u201d<\/p>\n

\u201cThat\u2019s something Christine Grady could have, or should have, done,\u201d the official continued. \u201cShe wasn\u2019t able to do it because she was Fauci\u2019s wife.\u201d<\/p>\n

\u201cMaybe they had discussions in private about what was going on,\u201d the official said. \u201cShe was placed in a conflicted role because of that.\u201d<\/p>\n

Grady was among the employees at the Department of Health and Human Services affected by the department-wide restructuring and reduction in force prompted by the Department of Government Efficiency earlier this month. Grady was reportedly given a choice between relocating away from the couple\u2019s tony Beltway neighborhood to an Indian Health Service post or leaving HHS.<\/p>\n","protected":false},"excerpt":{"rendered":"

Fauci\u2019s First Year of \u2018Retirement\u2019 Was a Money Making Bonanza Fauci received several six-figure deposits through 2023 totaling $1.15 million according to a 141-page financial disclosure obtained by Open The Books, a government watchdog group. The documents do not describe the source of the deposits. Fauci leveraged his celebrity status as the top trusted messenger […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-557","post","type-post","status-publish","format-standard","hentry","category-covid"],"_links":{"self":[{"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/posts\/557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/comments?post=557"}],"version-history":[{"count":1,"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/posts\/557\/revisions"}],"predecessor-version":[{"id":559,"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/posts\/557\/revisions\/559"}],"wp:attachment":[{"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/media?parent=557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/categories?post=557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sterlingcooper.info\/blog\/wp-json\/wp\/v2\/tags?post=557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}