Bill Ackman blasts FDA for taking long to ban Red No. 3

Billionaire hedge fund manager Bill Ackman criticized the Food and Drug Administration (FDA) this week, saying the agency took too long to ban Red No. 3 from the U.S. food supply. 

“For how many years did how many children and adults get exposed to this dangerous toxin and the @US_FDA did nothing?” Ackman posted on X Thursday.

He speculated that the incoming Trump administration moved the needle, telling his followers that the FDA “finally decides to do its job” days before President-elect Donald Trump’s inauguration on Jan. 20.  

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Ackman also argued that Trump and Robert F. Kennedy Jr.,…

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