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Market news: Ramaswamy may take over the Ohio seat in the U.S. Senate

US billionaire Ramaswamy had planned to co-lead the Department of Government Effectiveness with Musk, but could now enter the US Senate. Trump wants Ramaswamy to replace the Ohio seat left by Vice President-elect Vance, and Ramaswamy is open to it, according to a person familiar with the matter. (Kim 10)