Top Stories2 sources

Trump Administration Announces 43 Private Company Stakes

  • The Trump administration has announced or completed deals to take ownership stakes in 40 private companies.
  • The Commerce Department added four more proposed stakes this week, bringing the total to 43.
  • 36 of the 43 equity stakes were negotiated without explicit legal authority.
  • The administration's actions have prompted discussions about what a Democratic president might do with these stakes.
  • The stakes involve firms producing a range of products, from minerals to semiconductors.
Trump Administration Announces 43 Private Company Stakes | Split Angle