Senate Republicans Oppose Trump's Proposal for Government Equity in AI Companies
By
Samuel Larreal, Jeff Stein
Hand-rolled, kettle-boiled, baked to perfection. Worth every minute at the bakery.
Summary
Senate Republicans are breaking with President Trump over his proposal for the federal government to take equity stakes in major AI companies. At least a dozen GOP lawmakers oppose the idea, arguing the government should not own shares in private companies. Key figures like Sen. Ted Cruz and Sen. Josh Hawley have publicly voiced opposition to government ownership of industry.
Key quotes
· 2 pulledI don't think the federal government should be in the business of being an equity holder in private companies.
I'm not a huge fan of the government owning industry.
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