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Trump’s Intel Deal Sparks Debate Over Sovereign Wealth Fund Ambitions
Trump’s Intel Deal Sparks Debate Over Sovereign Wealth Fund Ambitions
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BTCCSquare news:
Intel shares dipped modestly after President TRUMP championed a government deal with the chipmaker, framing it as a model for future investments under a potential U.S. sovereign wealth fund. "Deals like this…all day long," Trump declared, emphasizing job creation—a stance met with skepticism from shareholders and The Wall Street Journal.
The proposed fund, loosely defined by the Chicago Fed as a vehicle for taxpayer-backed corporate investments, lacks clear precedent. Critics argue such interventions risk distorting markets, while proponents see strategic value in bolstering domestic tech infrastructure. The Intel deal now serves as a litmus test for broader economic policy shifts.
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