Evening Edition: Is President Trump's Intel Deal A Good Idea?

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.4 • 1.5K Ratings

🗓️ 28 August 2025

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

President Trump has taken a 10% stake in American chipmaker Intel, making the federal government it's largest shareholder. The President has also said Intel maybe just the beginning with other businesses possibly being eyed. Republicans have had mixed feelings, some supporting the move, others calling it clear cut socialism. FOX’s Eben Brown speaks with Jonathan Hoenig, of CapitalistPig.com and FOX Business Network contributor, who says it is surprising this deal was made by a Republican president. Click Here⁠⁠⁠⁠⁠ To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:30.6	I'm Brett Baer. I'm Maria Bartramo. I'm Brian Kilmead, and this is the Fox News Rundown.
0:39.4	Thursday, August 28th, 2025, I'm Eben Brown. The U.S. government now owns 10% of Intel.
0:48.1	That means you own 10% of Intel, but is buying into companies with taxpayer dollars the American thing to do?
0:57.1	There's a significant shift towards political oversight. So there's a lot of fears about
1:02.7	interference in corporate strategy. Even Intel itself is warning now that this could
1:07.8	hinder international sales, could lead to litigation, and basically amplify
1:12.5	a lot of scrutiny. This is the Fox News Rundown evening edition.
1:22.1	Hey, I'm Trey Gowdy, host of the Trey Gowdy podcast. I hope you will join me every
1:26.7	Tuesday and Thursday as we navigate
1:28.5	life together and hopefully find ourselves a little bit better on the other side.
1:33.0	Listen and follow now at Fox Newspodcast.com.
1:36.9	President Trump seems to be shocking the world of business and finance with his decision to
1:42.3	invest $10 billion of taxpayer money into the legacy
1:46.7	tech giant Intel. You know them as the maker of the processor chips in personal computers.
1:52.7	They do a lot of business in the world of semiconductors. The president spent part of his campaign
1:57.9	and transition talking about wanting to create a sovereign wealth fund,
	...

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