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Benzinga
Benzinga
Business
Bibhu Pattnaik

Federal Government Becomes Major Investor Under Donald Trump, Echoing Wartime Scale

Texas redistricting battle heats up

Donald Trump administration has been making significant investments in U.S. companies, a move not commonly seen outside of major crises or wartime. This includes taking stakes in companies and embracing state intervention in industries deemed crucial for national security.

What Happened: The Trump administration’s investments include a controversial merger between Japan’s Nippon Steel and U.S. Steel, where Trump now holds a “golden share,” giving him veto power over major business decisions.

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