But while Trump has ramped up his attacks against communism, the self-styled business mogul president has overseen the most significant extension of government control over private industry since the start of the cold war, if not before.
The United States government has a 9.9% stake in Intel Corporation and is the storied chip maker’s largest single shareholder. Trump redirected money from the Chips Act to rescue the firm. The government has warrants allowing it to purchase another 5% of the private company.
It is only one of dozens of nationalized state investments since the start of Trump’s second term...
https://www.theguardian.com/us-news/2026/jul/07/trump-democrats-communists
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