#Trump officials discussing ownership stakes in #private #defense firms, Lutnik says
The #commerce secretary said there is a “monstrous discussion” among administration officials about making deals similar to what Trump announced with #Intel this week.

#law#FederalGovernment#Business
https://www.washingtonpost.com/politics/2025/08/26/trump-lutnick-ownership-defense-companies/

In an interview on CNBC’s “Squawk Box,” host Andrew Ross Sorkin asked Lutnick about the US #government potentially becoming the largest shareholder of #Intel, a #private tech company, & pressed him on where the #Trump admin would draw the line.
“Why shouldn’t the US government say, you know what? We use #Palantir services, we would like a piece of Palantir. We use #Boeing services, we would like a piece of Boeing,” Sorkin asked, citing the private data mining & aerospace companies.

#Business

In an interview on CNBC’s “Squawk Box,” host Andrew Ross Sorkin asked Lutnick about the US #government potentially becoming the largest shareholder of #Intel, a #private tech company, & pressed him on where the #Trump admin would draw the line.
“Why shouldn’t the US government say, you know what? We use #Palantir services, we would like a piece of Palantir. We use #Boeing services, we would like a piece of Boeing,” Sorkin asked, citing the private data mining & aerospace companies.

#Business

#Trump officials discussing ownership stakes in #private #defense firms, Lutnik says
The #commerce secretary said there is a “monstrous discussion” among administration officials about making deals similar to what Trump announced with #Intel this week.

#law#FederalGovernment#Business
https://www.washingtonpost.com/politics/2025/08/26/trump-lutnick-ownership-defense-companies/