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“Donald Trump has used taxpayer dollars to acquire stakes in private companies.”

By Ed Krassenstein (@EdKrassen) · Posted 24 Oct 2026 · checked 25 Oct 2026 · 90% confidence

What they posted

Holy Cow! CNN just explained how Donald Trump is more socialist than the Democrats. "In his second term, Donald Trump has pulled a page out of the socialism playbook and made the government an investor in private companies. Trump has used taxpayer dollars to acquire stakes in a https://t.co/IO3uCeGorw

Why it's Truth

NYT, Reuters, AP, Business Insider and Cato Institute reports (multiple independent Tier 1-2 sources) confirm the Trump administration has used CHIPS Act and other taxpayer appropriations to acquire equity stakes or equivalent ownership/control in dozens of private companies since 2025, with specific examples like the $8.9 billion Intel stake.

Sources