Trump Administration Accumulates $26.7B in Corporate Equity via 30 Transactions

US government holds $26.7B across Intel, MP Materials, and US Steel via 30 deals. No unified disclosure exists; officials compare holdings to sovereign wealth fund down payment.

Woofun AI reports that the Trump administration has executed 30 equity or quasi-equity transactions totaling approximately $26.7 billion. These investments target entities including Intel, MP Materials, and U.S. Steel, with the Department of Commerce holding the largest single stake: 9.9% in Intel. Holdings are fragmented across four agencies, including the Department of Defense and the DFC, lacking a centralized reporting framework comparable to the 2008 TARP program. White House National Economic Council Director Hassett characterized these positions as "like a down payment on establishing a U.S. sovereign wealth fund," indicating potential expansion of direct corporate equity holdings.