Larry Kudlow Slams Trump Admin Nationalizing Part of Intel: ‘Very, Very Uncomfortable With That Idea’

Alex Griffing Aug 22nd, 2025, 5:23 pm

Economist Stephen Moore joined Larry Kudlow’s Fox Business show on Friday, and the two both strongly condemned the Trump administration taking over 10% of chipmaker Intel, which was just announced.

After a glowing discussion about Trump’s economy, Kudlow asked Moore, “How about the U.S. Government owning 10% of Intel?”

“I hate corporate welfare. That’s privatization in reverse. We want the government to divest of assets, not buy assets. So terrible, one of the bad ideas that’s come out of this White House,” said Moore, who recently joined Donald Trump in the Oval Office with a presentation to explain to reporters just how great Trump’s

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