About this episode
In the federal government’s latest excursion into the private sector, the US announced last week that it took a 10% stake in Intel. The move comes after the Defense Department became the biggest shareholder in a mining company, and the Trump administration made deals with AI chipmakers. Meanwhile, President Donald Trump is continuing to direct his ire at the Federal Reserve— this time specifically on Fed Governor Lisa Cook, whom he tried to fire on Monday. So for more on state-sponsored capitalism and the seemingly never-ending Federal Reserve fight, we spoke with Scott Lincicome. He’s the vice president of general economics at the Cato Institute. And in headlines: President Trump makes a lengthy television appearance with his Cabinet, a whistleblower says the Department of Government Efficiency put Social Security data at risk, and a federal judge dismisses a Department of Justice lawsuit against Maryland's entire federal bench. Show Notes: Check out Scott's Op-Ed – https://tinyurl.com/2ud35mxw Call Congress – 202-224-3121 Subscribe to the What A Day Newsletter – https://tinyurl.com/3kk4nyz8 What A Day – YouTube – https://www.youtube.com/@whatadaypodcast Follow us on Instagram – https://www.instagram.com/crookedmedia/ For a transcript of this episode, please visit crooked.com/whataday Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.