From Voting Rights to Legal Issues: 5 Things to Know About Trump’s Intel Deal
‘There’s a reason that the world, especially Western, relatively capitalist countries, have moved away from state ownership,’ Cato analyst Tad DeHaven said.
The agreement between the Trump administration and Intel Corp. that gave the federal government a 10 percent ownership stake in the company sparked a rally in its shares but drew fire from conservatives who say the government should not be in the business of owning companies.
“The United States of America now owns 10 [percent] of Intel, one of our great American technology companies,” Commerce Secretary Howard Lutnick posted on X.
Kevin Stocklin
Reporter
Kevin Stocklin is a contributor to The Epoch Times who covers the ESG industry, global governance, and the intersection of politics and business.
