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Trump makes the government Intel’s largest investor
Late last week, President Donald Trump announced the federal government will now own 10 percent of the chipmaker Intel. The move is just one in a pattern of unprecedented deals the Trump administration has struck with tech companies, reshaping the relationship between the federal government and big business.
Host Elahe Izadi talks with technology reporter Gerrit De Vynck about how the Intel deal happened, how it compares with past government bailouts and why some free-market conservatives are concerned that the deal signifies government overreach.
Today’s show was produced by Arjun Singh with help from Lucas Trevor. It was mixed by Sam Bair. And edited by Ariel Plotnick. Thanks to Tom Simonite.
Subscribe to The Washington Post here and take advantage of our Labor Day sale for a limited time.
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By The Washington Post
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Late last week, President Donald Trump announced the federal government will now own 10 percent of the chipmaker Intel. The move is just one in a pattern of unprecedented deals the Trump administration has struck with tech companies, reshaping the relationship between the federal government and big business.
Host Elahe Izadi talks with technology reporter Gerrit De Vynck about how the Intel deal happened, how it compares with past government bailouts and why some free-market conservatives are concerned that the deal signifies government overreach.
Today’s show was produced by Arjun Singh with help from Lucas Trevor. It was mixed by Sam Bair. And edited by Ariel Plotnick. Thanks to Tom Simonite.
Subscribe to The Washington Post here and take advantage of our Labor Day sale for a limited time.
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