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— George Conway ðºð¸ð«ðð¸ (@gtconway.bsky.social) 2025-08-23T02:07:40.384Z
Corporate Americas Newest Activist Investor Is Trump
August 23, 2025 at 6:39 am EDT By Taegan Goddard 29 Comments
https://politicalwire.com/2025/08/23/corporate-americas-newest-activist-investor-is-trump/
Corporate America has built up defenses against the likes of Carl Icahn, Nelson Peltz and other corporate raiders who have rattled the cages of chief executives, pushing for higher stock prices. Now companies have a new investor to worry about: the president of the United States, the New York Times reports.
President Trump has inserted the government into U.S. companies in extraordinary ways, including taking a stake in U.S. Steel and pushing for a cut of Nvidias and Advanced Micro Devices revenue from China. Last month, the Pentagon said it was taking a 15 percent stake in MP Materials, a large American miner of rare earths.
And on Friday, Intel agreed to allow the U.S. government to take a 10 percent stake in its business, worth $8.9 billion.
Figarosmom
(9,080 posts)applegrove
(129,076 posts)in other corporations. Don't know if he is in contact with any other CEOs about that.
https://heathercoxrichardson.substack.com/p/august-22-2025?utm_source=post-banner&utm_medium=web&utm_campaign=posts-open-in-app&triedRedirect=true
Figarosmom
(9,080 posts)Is that has a stake. Is it the US treasury or trump? And is this a seal like the plane where trump keeps it after his term?
applegrove
(129,076 posts)Applegrove:
Maybe Trump is going to build a sovergn wealth fund, that won't be used for anything like social security or Healthcare that have to do with the regular congressional budget, but will grow into the billions and then Trump can to dole it out to his cronies and build up ICE and prisons and and other crony authoritarian things. I wonder too about where the tariff money will go?
CousinIT
(11,984 posts)....he will dole it out to his billionaire friends or use it to buy more power, real estate, influence, or people - for himself. Not Americans or for the US. Nobody will get anything out of it but Trump and the billionaires.
COL Mustard
(7,756 posts)Or in cahoots?
BidenRocks
(2,474 posts)When you're president they let you do it!
Without pushback, this will continue.
IzzaNuDay
(1,173 posts)he could do anything at this point, illegal or not
CousinIT
(11,984 posts)But HE does. He's abusing his power as POTUS to extort CEOs of major companies to force them to give him a stake in them.
PhylliPretzel
(202 posts)dictators in third world countries become wealthy while the people remain peons.
LiberalArkie
(19,078 posts)applegrove
(129,076 posts)of GM stock when it was viable for GM to be on its own again.
LiberalArkie
(19,078 posts)Intel stock when Intel is in good shape, I believe he will sell when Intel is in bad shape to put it into bankruptcy. Something he knows like the back of his tiny hand.
ReRe
(12,151 posts)It's just a bit dark. Probably truthful, but dark. When I first read it, I thought his ending words should have been
"Business-Run Government." djt thinks America is his business, and he's running it cut-throat just like any other Corporation. He thinks he owns us. When we were kids, we played "House". In his childish mind, he is playing "Business". djt is completely and totally insane, to the detriment of our total population. We are his 7th bankruptcy.
Walleye
(43,028 posts)They think we should be making money I guess. We dont manufacture anything. We are not a business.
Irish_Dem
(77,145 posts)It makes money by mandating taxes.
Of course Trump is extorting money from everyone for personal gain.
Doubtful the American people will see a penny or any benefit.
Irish_Dem
(77,145 posts)Because the Trump/Putin Crime syndicate is a dark evil entity.
applegrove
(129,076 posts)that. People need to follow someone strong. Newsom is doing a fantastic job of nick-ing Trump and his brand.
ReRe
(12,151 posts)Martin68
(26,582 posts)The darkness! I think djt would love this one. He has such a crush on Puti, wants to emulate him and take advice from him on
elections. It's a picture of himself (djt), who he loves more than anyone. This is the reason I have an aversion for this one: djt probably likes it! Gross.
All the others? I love them, especially the Hero ones.
BoRaGard
(7,591 posts)ananda
(33,825 posts)A picture is worth a thousand words.
Martin68
(26,582 posts)wother money-loving conservatives are going to have a few second thoughts. Unless they appreciate the investment...
Johonny
(24,958 posts)Fucking Trump voters are so fucking stupid. Sad really.