The U.S. Government Owns Pieces of More Companies Than It Used To. Here’s Why It Matters

As the federal government takes stakes in private companies, supporters say it protects jobs and manufacturing. Critics worry it could reshape competition and influence which businesses thrive.

BY MELISSA ANGELL, SENIOR STAFF WRITER @MELISSKAWRITES

Illustration: Inc; Photo: Adobe Stock

The federal government is rounding out its portfolio as the Trump administration makes a habit of taking out equity stakes in private companies—a pattern that’s gaining traction, but not universal approval.

The federal government has taken some type of ownership in 31 companies, analysis from the........

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