Washington — The Trump administration's 10% stake in Intel, announced not long after President Trump had called on the chip maker's CEO to resign, is being criticized by conservatives and some economic policy experts alike, who worry such extensive government intervention undermines free enterprise.

Kevin Hassett, director of the White House National Economic Council, may have fueled those misgivings, telling CNBC this week that although Intel is a "very, very special" circumstance, that "there'll be more transactions, if not in this industry, then other industries." The possibility of the U.S. acquiring stakes in additional U.S. companies was immediately met with criticism.

Adam Posen, president of the Petersen Foundation for International Economics, responded immediately to Hassett'

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