The Trump administration is considering taking equity stakes in defense and other private companies, such as Intel, to add 'fundamental value,' raising concerns about government control over private industry and potential conflicts with free-market principles.
The U.S. government, under the Trump administration, plans to take ownership stakes in more companies, starting with nearly 10% in Intel, as part of a strategy to build a sovereign wealth fund, raising questions about government influence in private industry.
President Trump is increasingly involving the government in U.S. companies by taking stakes and demanding revenue cuts, signaling a shift towards state-managed capitalism and raising concerns among corporate leaders about interference.
U.S. Senator Bernie Sanders supports President Trump's plan to convert federal grants for chipmakers like Intel into government equity stakes, aligning with Trump's broader policy shift towards state intervention in the economy, despite previous opposition from other Democrats like Elizabeth Warren.