Trump Administration Acquired Equity in Dozens of Private Companies
During the Trump administration, the federal government acquired equity stakes in more than three dozen private companies. This action involved direct government ownership in private businesses.
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Why it matters locally: The practice of a federal administration acquiring equity in private companies could establish precedents for future federal government interactions with businesses, including those operating within or connected to the District of Columbia's economy. The photographed event at the National Archives Museum underscores the presence of federal government activities within the District.
The Trump administration acquired equity stakes in over three dozen private companies. This practice involved the federal government taking ownership interests in private sector businesses. Win McNamee photographed American and Chinese flags displayed on President Trump's motorcade. The motorcade was present during a visit by President Trump and China's President Xi Jinping to the National Archives Museum in Washington, D.C.Related Topics
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