$10 Billion and Counting: Trump Administration Snaps Up Stakes in Private Firms

[dalton99a]

https://www.nytimes.com/2025/11/25/us/politics/trump-intel-steel-minerals-china.html

https://archive.ph/WTRHx

$10 Billion and Counting: Trump Administration Snaps Up Stakes in Private Firms
The Trump administration is trading billions of dollars of taxpayer money for ownership stakes in companies. The unusual practice shows no sign of slowing.
By Ana Swanson
Nov. 25, 2025, 5:01 a.m. ET

The Trump administration is snapping up ownership shares of private companies it deems essential to national security. It is an unusual new strategy that has already committed more than $10 billion in taxpayer funds and shows little sign of slowing.

The government’s growing portfolio of corporate ownership involves minority stakes, or the option to take them in the future, in at least nine companies involved in steel, minerals, nuclear energy and semiconductors, a New York Times analysis found. The deals were all struck in the past six months, with the bulk made in October and November.

The unusual government intervention into the private market is fueling some concerns, including the opacity of the process, the potential for favoritism, corruption and market distortions, along with the possible loss of taxpayer funds should the investments fail.

Aaron Bartnick, a fellow at Columbia University and a former Biden White House official, said there were serious questions about whether the government role in private industry would address national security vulnerabilities and deliver a return on taxpayer dollars.

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Notes: In exchange for stakes, the government has offered companies a mix of grants and loans, as well as other types of approvals. The "golden share" in U.S. Steel is non-financial and does not give the government equity. The Westinghouse deal involves a brokered investment by Japan in the company. This chart excludes stakes taken by the Development Finance Corporation, an agency that has taken stakes in companies and funds under multiple administrations. Source: Company and government announcements. Keith Collins/The New York Times

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How about buying up health insurance companies?

[no_hypocrisy]

1. Sounds like Communism to me you little bitch hypocrite!

[dalton99a]

2. +1

[Silent Type]

3. Actually like this idea, at least on surface and acknowledgin trump greed. Bernie Sanders endorsed the Intel deal.