Government Will Take Stakes in More Companies

“The U.S. government is likely to take ownership stakes in more companies — just as it did with Intel — toward the goal of building a sovereign wealth fund, National Economic Council director Kevin Hassett said Monday,” Axios reports.

“It’s a new paradigm for the U.S. government’s relationship with the private sector, and raises fresh questions about how much authority the administration intends to exert over corporate America.”

CNBC: Trump says government will make deals like Intel stake “all day long.”