Against the example of the U.S. Government taking a 10% stake in Intel, a private technology company who manufactures microchips, Commerce Secretary Howard Lutnick outlines the parameters where the Trump administration would consider taking a stake in private sector companies.

Secretary Lutnick notes that when a company comes to the U.S. government for assistance or benefit, the government -ultimately the taxpayer- should gain an equity stake in that company.&nbsp; <strong><span style="color: #ff0000;">WATCH</span></strong>:

Against the example of the U.S. Government taking a 10% stake in Intel, a private technology company who manufactures microchips, Commerce Secretary Howard Lutnick outlines the parameters where the Trump administration would consider taking a stake in private sector companies. Secretary Lutnick notes that when a company comes to the U.S. government for assistance or […]{ai:summary}<p>Lutnick outlines when the Trump administration would take an equity stake in private companies, citing the Intel 10% precedent. </p><p>He says taxpayers should gain equity whenever government aid is extended. 
#economy</p>

Commerce Secretary Howard Lutnick Discusses Parameters for U.S. Govt Stakes in Private Companies - The Last Refuge

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