Lutnick:馃毃the US govt must receive an equity stake in Intel in exchange for CHIPS Act funds. The potential deal would convert the grants into equity & wouldn鈥檛 come with governance rights in Intel. Trump's called for more reshoring of US MFG to reduce the country鈥檚 reliance on foreign chipmakers.
Trump has Comm Sec Lutnick extorting Intel for the money that came from Biden's CHIPS Act -creating a猬囷笍Maoist-type #economy.
#Extortion#Corruption#USPol
https://www.cnbc.com/2025/08/19/lutnick-intel-stock-chips-trump.html
https://www.aol.com/finance/maga-going-marxist-maoist-trump-223903488.html