US Considering Equity Stakes in Defense Industry, Lutnick and Officials Say
TL;DR
The Trump administration is considering taking equity stakes in defense and other private companies, such as Intel, to add 'fundamental value,' raising concerns about government control over private industry and potential conflicts with free-market principles.
Topics:businesspolitics#defense#government-stakes#intel-investment#politics#private-sector-control#trump-administration
- Lutnick says administration considering taking stakes in defense companies Politico
- Trump Pentagon weighing equity stakes in defense contractors like Lockheed, says Lutnick CNBC
- Lutnick Suggests US Looking at Defense Industry After Intel Deal Bloomberg.com
- Lutnick: Defense Contracting Has ‘Been a Giveaway’ The Wall Street Journal
- US could seek piece of defense companies, Commerce chief says Yahoo Finance
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