The US government is likely to invest more in companies, similar to its current stake in Intel, as part of a sovereign wealth fund. National Economic Council director Kevin Hassett stated that this new investment model marks a shift in the government’s relationship with the private sector.
President Trump defended the deal, saying it benefits stock prices and American jobs, while also promising to help companies that make lucrative deals with the US. Administration officials have denied claims of using the government’s stake to influence business decisions.
The move aims to establish a sovereign wealth fund, something President Trump campaigned on. Hassett referred to the Intel investment as a “down payment” on this initiative, suggesting more transactions are planned in various industries.
Source: https://www.axios.com/2025/08/25/trump-sovereign-wealth-fund-intel-private-sector