The Trump administration has invested about $26.7 billion through 30 equity or quasi-equity deals involving companies including Intel, MP Materials, and U.S. Steel. According to Odaily, the holdings are spread across multiple government departments, and there is no unified public portfolio disclosure system or a supervision and regular reporting mechanism like the TARP program during the 2008 financial crisis.
The stakes are held across at least four departments: the Commerce Department with 17 deals, the Defense Department with seven, the U.S. International Development Finance Corporation with six, and the Energy Department with two. The largest single investment is the Commerce Department's 9.9% stake in Intel. White House National Economic Council Director Kevin Hassett said the equity investments are “like a down payment for the United States to establish a sovereign wealth fund.”
Trump Administration Has Invested About $26.7 Billion in Equity Stakes Across 30 Deals
2026-07-26 13:33:43
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