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The Fox News Rundown

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

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.41.7K Ratings

🗓️ 28 August 2025

⏱️ 16 minutes

🧾️ Download transcript

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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0:00.0

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1:02.1

I'm Brian Kilmead. And this is the Fox News Rundown. Thursday, August 28th, 2025, I'm Eben Brown. The U.S. government now owns 10% of Intel.

1:17.7

That means you own 10% of Intel, but is buying into companies with taxpayer dollars the American thing to do?

1:26.7

There's a significant shift towards political oversight.

1:30.9

So there's a lot of fears about interference in corporate strategy.

1:34.0

Even Intel itself is warning now that this could hinder international sales,

1:39.6

could lead to litigation, and basically amplify a lot of scrutiny.

1:43.4

This is the Fox News Rundown evening edition.

1:51.5

There are some things you should always check, like the hygiene rating on your local takeaway,

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