What the hell is this? Certainly not free market capitalism.
It's one thing to help an important company that needs capital but another to shake down our best innovative companies who don't need the money.
Semafor: Senior Trump administration officials had weighed how to structure potential government equity stakes in major AI companies before the government’s export controls on Anthropic further roiled the industry.... Treasury Secretary Scott Bessent favored using equity in AI firms to seed Trump Accounts, while Commerce Secretary Howard Lutnick’s preference was that any equity be directed to a type of sovereign wealth fund.





