To President Trump's many roles, formal and self-designated, add a new one to the list: chairman of all boards.

The big picture: The president has assumed a quasi-authority to orchestrate how the private sector operates, both broadly and down to the management and ownership of individual companies. • No one's stopping him, so he continues to confidently plow ahead. • Those with insight into his strategy say it's anything but arbitrary — there's a mold-breaking calculus at play, they say, centered on national security and American competitiveness.

The latest: The director of the National Economic Council, Kevin Hassett, told CNBC Monday morning the government's new stake in Intel was a "down payment" on the creation of a sovereign wealth fund, adding it was "absolutely right" that Tru

See Full Page