Trump Demands Intel CEO’s Resignation in Rare Presidential Move

President Donald TRUMP has called for the immediate resignation of Intel CEO Lip-Bu Tan in a Truth Social post, marking the first public demand for a corporate leader's ouster by a U.S. president since the 2008 financial crisis. The move echoes similar pressures during the Great Recession, when Barack Obama pushed out GM's Rick Wagoner during auto bailout negotiations and George W. Bush's administration influenced AIG's leadership during its $85 billion rescue.

Trump's demand notably omitted Intel's operational challenges, instead focusing on Senator Tom Cotton's allegations about Tan's ties to Chinese companies. The semiconductor giant's struggles in chip manufacturing remain unaddressed in the political confrontation.

This intervention revives debates about executive branch influence over corporate governance, last seen during crisis-era bailouts when the federal government extracted leadership changes as conditions for financial assistance. The development could signal renewed political scrutiny on tech leadership amid ongoing U.S.-China tensions.