Trump Intel is a deal that raises the Republican Party’s concerns about government ownership of private companies

While Republicans in Congress struggle with the president Donald Trump He dealt with a major segments manufacturer, the Republican leadership in the House of Representatives and the Senate remained calm.

The White House defended a recent deal to get a share in American chip maker IntelThe pretext was that it was a step to enhance the country’s mission to free imports of decisive ingredients in a variety of technologies.

But Republicans in the House of Representatives and the Senate have struggled with the news, especially regarding the participation of the Trump administration and the share of ownership, in a private company.

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As the legislators in their ranks, they struggled with the deal, and possible future proposals, Parliament Speaker Mike Johnson, R. La. , And the majority leader of the Senate John ThunRS remained.

Both Thun and Johnson offices did not respond to the comment requests by Fox News Digital. Legionships are far from the annual August holiday, and senior Republicans usually use the campaign and collect money outside Washington.

Congress leaders have also had no role in decision -making in the process of acquiring the Trump administration.

While the major Republicans remained in the deal, others in the Republican Party warned that the country’s share in Intel was a step towards socialism, and it eventually reached its climax with communism.

“The US federal government should not be the purchase of companies.”.

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Senator Rand Paul, RCK, described the move as a “terrible idea” and suggested that the government has a stake in Intel “a step towards socialism.”

At the core of the deal is the Law of Chips and Science, a voltage from the two parties turned into a law during the Biden administration that aims to enhance the manufacture of semiconductors in the wake of the Covid-19s, where the holes were in the supply chain, especially when it came to the chips that were decisive in the production of cars, bonds and weapons that were displayed.

Senator Todd Young, p.

“There are concerns about a precedent here, as well as concerns about what is permitted under the law,” Young said.

Under the original draft law, which passed with only 24 Republics in the House of Representatives and 17 Republicans in the Senate Voting in favor of this, Intel was scheduled to get near

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Johnson or Thun voted in favor of the bill. At that time, Johnson was still the position of legislator in Backbench a little more than a year after his rise to the spokesman after former Speaker of Parliament Kevin McCarthy was expelled, while Thun was a minority whip in the Senate under democratic control of the Senate.

The new deal in which the White House, which announced last week, will witness that the United States will invest $ 8.9 billion in unpaid grants from the Law of Chips and Science for a 10 % stake in the company.

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While legislators are regaining to return to Washington to address government financing, a possible change in the Senate from its penetration Democrats in the Senate Trump’s candidates and other urgent issues that were left to hang out until September, the president indicated that he wanted to make more deals that resemble those with Intel.

In fact, he said: “I paid zero for Intel, and it is worth about $ 11 billion.” “Everything goes to the United States of America. Why are” stupid “are not satisfied with that? I will make deals like this to our country throughout the day.”