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[POLITICS] · United States · 8 sources

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Bill Maher accuses Donald Trump of socialism over corporate interventions

On an episode of "Real Time," host Bill Maher accused President Donald Trump of adopting socialist economic policies through increased federal government intervention in private corporations. Maher highlighted that the U.S. government has taken stakes in approximately 30 different companies.

Specific examples cited include an $8.9 billion investment in Intel, resulting in a 9.9% government stake, and an agreement with Nvidia to share 15% of revenues from chip sales to China. Additionally, the administration's handling of Nippon Steel's acquisition of U.S. Steel was noted, which included granting the government

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Bill Maher · Donald Trump · Intel · Nvidia · United States