The United States government is considering taking equity stakes in private-sector businesses, following its recent move to acquire a 10% stake in chipmaker Intel. Commerce Secretary Howard Lutnick revealed that discussions are underway within the Trump administration to potentially enter into similar agreements with other companies, particularly long-time defense contractors.
Lutnick emphasized the importance of assessing where the government can add significant value to a business before considering such investments. He highlighted the need to prioritize the interests of the American people, especially when the government plays a crucial role in a company's operations.
