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Story summary
- Bill Maher accused President Donald Trump of embracing socialism by giving the federal government a 9.9% stake in Intel and a 15% export cut on Nvidia.
- He also cited a golden share that can outvote shareholders in Nippon Steel’s merger with U.S. Steel, drawing Senator Bernie Sanders’ praise for the Intel deal and Senator Rand Paul’s condemnation as socialist.
- Tara Palmeri and Matt Welch labeled the pressure crony capitalism.
