White House's Hassett says government likely to continue taking stakes in companies similar to Intel deal
Investment
CNBC

White House's Hassett says government likely to continue taking stakes in companies similar to Intel deal

Why This Matters

The stake in Intel is part of a broader strategy to create a sovereign wealth fund that could include more companies, Hassett said Monday.

August 25, 2025
01:02 PM
2 min read
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Key Insights

  • The Federal Reserve's actions could influence market sentiment across sectors
  • Financial sector news can impact lending conditions and capital availability for businesses

Questions to Consider

  • How might the Fed's policy stance affect borrowing costs and economic growth?
  • Could this financial sector news affect lending conditions and capital availability?

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