Vivek Ramaswamy could withdraw from working with the Department of Government Efficiency ahead of his bid for Ohio governor, which he intends to formally announce by the last week in January, according to a person close to the matter.

Vivek Ramaswamy, the multi-millionaire biotech entrepreneur and former Republican presidential candidate, plans launching a bid for Ohio governor, multiple sources confirm to Fox News.

Biotech entrepreneur and former presidential candidate Vivek Ramaswamy plans to run for Ohio governor, according to two people familiar with his plans who say that the co-leader of President-elect Donald Trump’s “Department of Government Efficiency” initiative will announce his bid shortly.