Former Trump economic adviser Stephen Moore warned Monday that the Biden administration’s decision to take a 10% stake in Intel Corporation is a dangerous step toward government overreach. Appearing on Fox Business Network’s Varney & Co., Moore said the CHIPS Act represents “privatization in reverse” and called on President Biden to repeal all subsidies to the semiconductor industry.
On Friday’s broadcast of Newsmax TV’s American Agenda, former Trump Economic Adviser Stephen Moore said he remains optimistic about the U.S. economy, citing finalized trade deals and the passage of President Trump’s “Big Beautiful Bill” as key factors that will help moderate inflation and support growth.
