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Last month, President Donald #Trump announced that the U.S. government would take an $8.9 billion dollar stake in the chipmaker #Intel. The announcement was unusual, evoking a relationship between state and industry more familiar in communist countries than in recent U.S. history. On Thursday, Senator #ElizabethWarren called on Commerce Secretary Howard Lutnick to ensure that Trump’s announcement doesn’t stick American #taxpayers and workers with a raw deal. “The President is handing billions of dollars of taxpayer money to Intel and asking for nothing in return,” she wrote. “What is the American public getting from this deal? An extremely risky investment.” Keep reading at the link in our bio. (Photo: Jemal Countess via Getty Images for Student Borrower Protection Center)
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