Former first lady Dr. Jill Biden said on Monday that she does not think the federal government will be as involved with women’s health investments and research as it used to be.

Biden spoke at the Milken Institute Global Conference in a discussion about the think tank’s new Women’s Health Network, of which she has been named chair. The initiative will promote research and investments for women’s health, according to a press release from the Milken Institute.

“I think this is really an opportunity for business, for private equity to, you know, it doesn’t seem like the federal government is really going to be as involved as they were, in — so we need to look at this as a challenge, but also as an opportunity. And I think we all have a part to play in every aspect of this,” Biden said when discussing what excited her about the initiative.

Biden was seemingly referencing federal government cuts, which have heavily hit health research initiatives as well, although she did not call out the White House or any figures by name. The White House has defended government cuts, including to health research, as meant to reduce waste and fraud.

Biden later said that some of the opportunities she sees as ways to impact women’s health in the U.S. are to break down “silos” between data that researchers have collected, as well as to get more women enrolled in clinical trials.

-ABC News’ Oren Oppenheim