President Donald Trump’s Shark Tank supporter, Kevin O’Leary, has torn into the U.S. government for taking a stake in Intel.

The Trump administration has indicated that the deal with the technology company marks the start of a broader strategy by the U.S. government to play a bigger role in private business.

O’Leary unloaded Monday, saying the Intel decision betrayed the U.S. private sector by giving life to a failing company that should be allowed to die.

“I abhor this idea. I really do,” O’Leary raged, when asked about the Intel deal on CNBC’s Squawk Box. “What has made America so great for 200 years is the government stays in its lane, and the private sector does what it does so successfully.”

Trump first revealed on Friday that the U.S. would take the 10 percent stake in Intel. H

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