Bessent Says US Not Looking For Stake In Nvidia

August 27, 2025

Catenaa, Wednesday, August 27, 2025- A US stake in chipmaker Nvidia is “not on the table,” Treasury Secretary Scott Bessent said on Wednesday, as the Trump administration looks for stakes in various industries. “I don’t think Nvidia needs financial support, so that seems not on the table right now,” he said in an interview on […]

Lutnick Implies Government Looking For Stake In Defense Sector

August 26, 2025

Catenaa, Tuesday, August 26, 2025- US Commerce Secretary Howard Lutnick implied that the government is looking at the defense sector and other industries for potential stakes in companies after a 10% stake deal with Intel. “Oh, there’s a monstrous discussion about defense,” Lutnick said Tuesday on CNBC when pressed on whether the administration was considering […]