Analysis: Trump administration has accumulated nearly $27 billion in corporate equity, with the largest investment currently being Intel

Odaily reported that the Trump administration has invested approximately $26.7 billion through 30 equity or quasi-equity transactions to date, involving companies such as Intel, MP Materials, and U.S. Steel. However, these holdings are dispersed across multiple government departments, and there is currently no unified public portfolio disclosure mechanism, nor a centralized oversight and regular reporting system similar to the TARP program during the 2008 financial crisis. As of now, the Trump administration's equity holdings are distributed across at least four departments, including the Department of Commerce (17 transactions), the Department of Defense (7 transactions), the U.S. International Development Finance Corporation (DFC, 6 transactions), and the Department of Energy (2 transactions). The largest single investment among them is the Department of Commerce's 9.9% stake in Intel. Notably, White House National Economic Council Director Hassett stated that these equity investments are "like a down payment on establishing a U.S. sovereign wealth fund," suggesting that the U.S. government may further expand its direct holdings of corporate equity. (Fortune)