White House's Hassett says U.S. could take stakes in other industries August 25, 2025 at 6:37 AM WASHINGTON (Reuters) The federal government could take stakes in other U.S.
- - White House's Hassett says U.S. could take stakes in other industries
August 25, 2025 at 6:37 AM
WASHINGTON (Reuters) -The federal government could take stakes in other U.S. semiconductor companies or even move to other industries, White House economic adviser Kevin Hassett told CNBC in an interview on Monday following its stake in Intel.
On the Intel deal, National Economic Council director Kevin Hassett said money from the CHIPS Act is going out as planned.
(Reporting by Susan Heavey; Editing by Toby Chopra)
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