President Trump said Monday that a deal with chipmaker Intel is just the beginning of a push to give the U.S. government a stake in private companies.
Mr. Trump said any profit derived from the Intel stake “goes to the USA.”
“I will make deals like that for our Country all day long. I will also help those companies that make such lucrative deals with the United States,” Mr. Trump wrote on Truth Social. “I love seeing their stock price go up, making the USA RICHER, AND RICHER.”
Mr. Trump is taking an unusual approach to economic governance. He’s making deals that allow Uncle Sam to take an ownership stake in private businesses receiving government support — and the Treasury to pocket some of the profits.
Mr. Trump said Friday that Intel, a massive but struggling chip manufacturer, agreed to give the U.S. government a 10% equity stake in the company in return for the funding promised under President Biden’s 2022 law to bolster America’s semiconductor industry.
Mr. Trump also arranged a “golden share” for the government in U.S. Steel as part of merger talks with a Japanese buyer. The Defense Department also took a stake in MP Materials, which mines for rare earths.
Kevin Hassett, the director of the White House National Economic Council, said Monday that Mr. Trump’s effort is likely to expand to other companies as part of an effort to build a sovereign wealth fund, a mechanism used in countries like Norway, Turkey and Qatar.
The fund would invest the government’s financial assets or surplus revenue and use the proceeds to fund social and infrastructure programs or pay a dividend to American taxpayers.
Mr. Hassett, speaking on CNBC, said the U.S. has no intention of interfering in private sector operations like Intel but will look to expand its portfolio.
“This is a very, very special circumstance because of the massive amount of CHIPS Act spending that was coming in,” Mr. Hassett told “Squawk Box.” “But the president has made it clear all the way back to the campaign, he thinks that in the end, it would be great if the U.S. could start to build up a sovereign wealth fund. So I’m sure that at some point there’ll be more transactions, if not in this industry then other industries.”
The approach is raising eyebrows, with some likening it to socialism or China’s practice of intertwining its central communist government with the private sector.
“If socialism is government owning the means of production, wouldn’t the government owning part of Intel be a step toward socialism? Terrible idea,” Sen. Rand Paul, Kentucky Republican, wrote on X last week.
Kevin O’Leary, an investor known for his role on the “Shark Tank” television program, told CNBC he hates the Intel stake.
“I abhor this idea, I really do,” he said. “What has made America so great, for 200 years, is the government stays in its lane and the private sector does what it does so successfully.”
Mr. Trump on Monday brushed off the idea that he’s a hypocrite after accusing President Biden and other Democrats of being socialists.
“It’s not a shame, it’s called ’business,’” Mr. Trump said.
He said the arrangement might be new and unusual, but “so are tariffs.”
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What the Dems excel at – wasteful spending that line their pockets !!! NancyThis Is How Much Money the EPA Was Spending on Corrupt Scams
By Katie Pavlich August 20, 2025Since retaking office in January, President Donald Trump made it a priority to rid the federal government of leftist “green” scams that drain the pockets of taxpayers and hamper domestic energy production.According to Environmental Protection Agency Administrator Lee Zeldin, more than three times the EPA budget was being spent on “climate change” and other bogus programs.
“Over $29 billion in grants have been cancelled,” Zeldin told Fox News in an interview Tuesday, adding much of the money was going to friends of Democrats. “Our operating budget annually is about $10 billion, we’ve cancelled over $29 billion of it.”
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A top Justice Department official warned the Biden administration that thousands of last-minute pardons signed by autopen were legally flawed and went against President Biden’s intentions by granting clemency to violent offenders who killed children and police officers.
Associate Deputy Attorney General Bradley Weinsheimer criticized “highly problematic” language used in a single warrant, signed by the autopen, that pardoned hundreds of criminals in the final days of the Biden administration, according to a Jan. 18 email reviewed by The Washington Times.
Mr. Weinsheimer, writing to top Biden administration attorneys two days before Mr. Biden left office, said the wording of the pardoned offenses was too vague and could render the commutations ineffective. The lack of specificity could also result in commutations “in circumstances, including for crimes of violence, that was not intended,” he said.
He also noted that the Justice Department was blocked from playing any role in vetting the candidates for clemency. He said the White House granted some pardons despite “voluminous objections” from the victims’ families.
The Justice Department released the Weinsheimer email to the legal watchdog group Oversight Project amid the Trump administration’s investigation of the Biden White House’s heavy use of the autopen. It shows for the first time that top career lawyers at the Justice Department objected to the volume and scope of the last-minute pardons and questioned their legality.
The mechanical signature was used to sign off on three warrants granting clemency to thousands of criminals on behalf of Mr. Biden, 82, who issued more pardons than any other president.
Among those granted clemency were dozens of violent criminals whom the Justice Department deemed “highly problematic.” They included Russell McIntosh, who fatally shot a woman and her 2-year-old child after she threatened to expose his drug business. Others who received commutations were violent gang leaders and people convicted of crimes involving killings, kidnapping and rape.
McIntosh and most of the other violent offenders pardoned by Mr. Biden have been released from prison and now freely walk the streets.
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House Republicans are cracking down on efforts by a little-known Chinese scholarship program to infiltrate the U.S. higher education system and potentially steal cutting-edge technologies. Recent revelations underscore the ongoing threat of intellectual property theft – and how major American universities may be playing right into the hands of the Chinese Communist Party (CCP).
In a four-page letter last month, the House Select Committee on the Chinese Communist Party warned seven top research schools – Dartmouth College, Temple University, the University of California-Davis, the University of California-Irvine, the University of California-Riverside, the University of Notre Dame, and the University of Tennessee – to immediately cut ties with the China Scholarship Council (CSC). Committee Chair John Moolenaar (R-MI) specifically warned that CSC plays a vital role in the CCP’s efforts to “develop and acquire key technologies through both legal and illegal means.”
CSC pays for about 65,000 Chinese students to study abroad each year, roughly 240 of whom end up at American universities.
The organization claims to only care about legitimate academic endeavors. However, evidence has emerged showing that the CCP surveils Chinese students who participate in the program. Students must also submit a report every three months to Chinese embassies or consulates detailing “academic progress, laboratory work, research outputs, and publications.” CCP agents are further tasked with monitoring the “ideological and academic progress” of CSC students.
Dr. Xiahou Li Wei, a former high-ranking official in the Chinese security apparatus who defected to the West in the late 1990s, referred to CSC’s operation as “zero risk espionage.” As he explained, the conditions of CSC’s arrangement with American schools were perfectly designed to facilitate the smooth transfer of information.
“No one has to risk smuggling anything through the border. The most critical information is passed through consulates legally,” he said. “The CCP lacks morality and will mercilessly plunder if it has such a wide-open gate.”
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“Destroying democracy” — the latest theme of the left — can be defined in many different ways.
How about attempting to destroy constitutional, ancient, and hallowed institutions simply to suit short-term political gains?
So, who in 2020, and now once again, has boasted about packing the 156-year-old, nine-justice Supreme Court?
Who talks frequently about destroying the 187-year-old Senate filibuster–though only when they hold a Senate majority?
Who wants to bring in an insolvent left-wing Puerto Rico and redefine the 235-year-old District of Columbia — by altering the Constitution — as two new states solely to obtain four additional liberal senators?
Who is trying to destroy the constitutionally mandated 235-year Electoral College by circumventing it with the surrogate “The National Popular Vote Interstate Compact?”
Does destroying democracy also entail weaponizing federal bureaucracies, turning them into rogue partisan arms of a president?
So who ordered the CIA to concoct bogus charges of “collusion” to sabotage Donald Trump’s 2016 campaign, the 2016-2017 transition, and the first 22 months of Trump’s first term?
Who prompted a cabal of “51 former intelligence officials” to lie to the American people on the eve of the last debate of the 2020 election that the FBI-authenticated Hunter Biden laptop was instead the work of a “Russian intelligence operation?”
Who ordered the FBI to connive and partner with social media conglomerates to censor accurate news deemed unhelpful to the 2020 Biden campaign?
Who pulled off the greatest presidential coup in history by using surrogates in the shadows to run the cognitively debilitated Biden presidency, then by fiat canceled his reelection effort, and finally anointed as his replacement the new nominee Kamala Harris, who had never won a single primary delegate?
Who ordered FBI SWAT teams to invade the home of a former president because of a classification dispute over 102 files out of some 13,000 stored there?
Who tried to remove an ex-president and leader of his party from at least 25 state ballots to deprive millions of Americans of the opportunity to vote for or against him?
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DEMOCRATS SELF-DESTRUCTIVE FIXATIONS – VICTOR DAVIS HANSONRead More »
Jeremiah Johnston explains the mystery behind the Shroud of Turin and whether or not it is the actual face of Jesus Christ.
Watch the full conversation with Tucker and Jeremiah Johnston here: https://tuckercarlson.com/tucker-show-jeremiah-johnston
Golden Dome to include a four-layer defense system
A version of this story appeared in the daily Threat Status newsletter from The Washington Times. Click here to receive Threat Status delivered directly to your inbox each weekday.
The Trump administration’s Golden Dome for America missile defense shield will incorporate space- and land-based defenses to create a four-layered system, according to a new report.
Defense officials presented new details on the Golden Dome project to more than 3,000 contractors in Huntsville, Alabama, in a slide show last week at the tail end of the Space & Missile Defense Symposium, Reuters reported Tuesday.
The slides indicate Golden Dome will be composed of four defensive layers: one space-based missile targeting-and-tracking system and three land-based layers. The systems remaining on the ground will include interceptors and radar arrays. The slides also indicate that defense officials are considering deploying lasers in the layered defense system.
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August 14, 1945:
Why can’t the United States of America or Israel ever seem to win their ‘endless wars’? Because they have yet to fight the real enemy. Israel’s air strikes on Iran at least targeted the actual IRGC backers of Oct 7, while the U.S. has yet to deal with the Saudi, Qatari and Pakistani governments behind 9/11. But there is a hidden enemy that can’t just be droned.
What did Osama bin Laden and Hamas have in common? Both were part of the Muslim Brotherhood. Even more than Iran or any government, it’s the Muslim Brotherhood that binds together worldwide terrorist threats with political domestic pressure campaigns. The spectrum of Brotherhood influence combines together not only armed Jihadis, but Qatar’s Al Jazeera and other media influence operations, CAIR and other internal Democrat pressure groups and a majority of the mosques operating inside the United States. And that’s only the beginning.
Created in Egypt in the first half of the century with Nazi funding, the Brotherhood is a political Jihadist movement operating through both terrorist armies and front groups to seize power. The Muslim Brotherhood’s many arms are as comfortable setting off bombs on buses as they are meeting with members of Congress, preaching murder and pretending to be moderates.
The Brotherhood, which was strongest at universities in Egypt and parts of the Middle East, now also controls most elite campuses in America, and most Muslim organizations in America. In Israel, the Brotherhood maintains multiple front groups, including some that serve in Israel’s Knesset parliament, that run mosques across the country and effectively run all of Gaza.
President Donald Trump announced Thursday on Truth Social that he has ordered the Department of Commerce to begin work on a new census that will not count illegal aliens. This move could have major implications in future election cycles, as the census is used to determine each state’s number of U.S. House seats and electoral votes.
“I have instructed our Department of Commerce to immediately begin work on a new and highly accurate CENSUS based on modern-day facts and figures and, importantly, using the results and information gained from the Presidential Election of 2024,” Trump wrote. “People who are in our Country illegally WILL NOT BE COUNTED IN THE CENSUS. Thank you for your attention to this matter!”
There are approximately 18.6 million illegal aliens currently in the United States, according to a recent report from the Federation for American Immigration Reform (FAIR). Many reside in deep blue states that have heavily gerrymandered U.S. House districts – meaning that Democrats have an electoral incentive to pack as many noncitizens into their state as possible. California and New York have a total of about 4.25 million illegal aliens. The average House seat represents about 761,000 people.
White House Deputy Chief of Staff Stephen Miller stated in an interview with Fox News that 20 to 30 seats in the House belong to Democrats due to a combination of illegal aliens being counted in the census and gerrymandering.
“Let’s not forget. Democrats rigged the 2020 census by including illegal aliens,” Miller said. “Remember, they sued Donald Trump. They sued the administration. They fought tooth and nail to include illegal aliens in the census – 20 to 30 of House Democrat seats wouldn’t exist but for illegal aliens.”
As Miller alluded to, Trump attempted to exclude illegal aliens from the count during his first term, leading up to the 2020 census. On July 21, 2020, Trump signed a memorandum to “exclude from the apportionment base aliens who are not in a lawful immigration status under the Immigration and Nationality Act” for the House of Representatives.
Twenty-three states and groups that support illegal aliens sued the Trump administration to stop the memorandum. A federal court sided with the plaintiffs, and the Supreme Court declined to intervene, saying at the time that doing so was premature. As a result, the 2020 census count included illegal aliens.
Upon taking office, Joe Biden signed an executive order revoking Trump’s memorandum and officially killing the effort to remove illegal aliens from the census count.
Turning Point USA founder Charlie Kirk explained in a post on Thursday on X that Trump’s current plan to exclude illegal aliens could lead to an early census, as the U.S. Constitution does not put a limit on how often the federal government can issue one.
“Properly counting the U.S. population would result in a delta of 15-20 more seats for Republicans,” Kirk said. “Article I of the Constitution says that the Census must be done ‘within’ every 10-year period. There is no prohibition on performing more. Redo the botched 2020 Covid Census.”
Alan Jamison is the pen name of a political writer with extensive experience writing for several notable politicians and news outlets.
SCANDAL: Christian Group Demands Investigation, Alleges WOKE Energy Corp Funneled $3 BILLION to Radical ‘Diversity’ Projects Instead of Fixing Power Grid
By Cassandra MacDonald Aug. 9, 2025
The Christian Employers Alliance (CEA) is calling for a federal investigation into Xcel Energy, citing alleged misuse of public resources and breach of ratepayer trust.
The group alleges that the woke company has funneled three billion dollars into radical “diversity” projects instead of fixing the power grid.
CEA said in a press release, “Xcel has funneled billions of dollars into ESG-driven initiatives – including renewable infrastructure linked to controversial political goals – while deferring critical safety repairs and forcibly seizing private land from Colorado ranching families.”
“Xcel Energy has transformed into a political actor, using its monopoly power to promote ideologically driven programs at the expense of reliability, affordability, and public safety,” said CEA President Margaret Iuculano. “This is not just bad business — it’s a betrayal of public trust.”
Nerve News reports, “Most damning, wildfire mitigation funds were allegedly diverted toward United Nations climate initiatives and racial equity programs instead of preventing catastrophic blazes like 2024’s Smokehouse Creek fire. Meanwhile, Xcel aggressively acquired private land from Colorado ranching families to facilitate its green energy transformation.”
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