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

According to Odaily, the Trump administration has invested approximately $26.7 billion cumulatively through 30 equity or quasi-equity transactions, involving companies such as Intel, MP Materials, and U.S. Steel. However, these holdings are dispersed across multiple government departments, with no unified public portfolio disclosure mechanism. Additionally, there is a lack of a centralized oversight and periodic reporting system similar to the TARP program during the 2008 financial crisis. As of now, the Trump administration's equity holdings are spread across at least four departments, including the Department of Commerce (17 transactions), the Department of Defense (7), the U.S. International Development Finance Corporation (DFC, 6), and the Department of Energy (2). The largest single investment is a 9.9% stake in Intel held by the Department of Commerce. Notably, White House National Economic Council Director Hassett described these equity investments as "a down payment for the U.S. to establish a sovereign wealth fund," suggesting that the U.S. government may further expand its direct holdings in corporate equity. (Fortune)