Balgarianovinite.com
(Tom Williams/CQ Roll Call via AP Images)
Rep. Thomas Massie (R-KY) slammed President Donald Trump this week for boasting about forcing a U.S. company to give the government a 10 percent stake in return for a bailout.
“Imagine if Biden or Obama had bragged about shaking down a private company for 10% public ownership,” wrote Massie on social media while sharing a clip of Trump’s boast.
“Where are the supposed stalwarts of free markets like @club4rowth or @Heritage or @freedomcaucus?” added Massie, listing off some of the right’s most prominent free-market supporting groups.
Imagine if Biden or Obama had bragged about shaking down a private company for 10% public ownership.
Where are the supposed stalwarts of free markets like @club4growth or @Heritage or @freedomcaucus ?
pic.twitter.com/B7WkIzI3my
— Thomas Massie (@RepThomasMassie) July 1, 2026
In the Wednesday clip, Trump says, “And then I got, as a gift — another gift — I said to Intel, ‘Give the United States of…’ they needed something, they needed some help, the chip maker. I said, ‘Give the U.S. of America’ — I’ll do it for you — ‘but give the U.S. of America 10 percent of your company.’ He said, ‘You have a deal.’ He said it so fast, I said, ‘I should have asked for more.’ But he said, ‘You have a deal.’ And that stake is now worth $80 billion. I made $80 billion for the country in eight months. Does anybody talk about it? No. Have a good time. Have a good flight. Enjoy the plane.”
Trump first announced the government taking over part of Intel in August of 2025, which also sparked anger among conservatives at the time.
Senator Rand Paul (R-KY) said of Trump’s announcement, “If socialism is government owning the means of production, wouldn’t the government owning part of Intel be a step toward socialism? Terrible idea.”
“Surely if former President Joe Biden had ‘invested’ in a major energy concern under the power of, say, a climate emergency, Republicans would have melted down over ‘socialism,’” The Washington Examiner’s David Harsanyi argued in a column.
Trump opposed Massie’s reelection and helped to push him out of Congress this summer by endorsing his GOP primary opponent, who soundly went on to beat Massie.
The post Thomas Massie Slams Trump Boasting About ‘Shaking Down’ a Private Company first appeared on Mediaite.
Thomas Massie Slams Trump Boasting About ‘Shaking Down’ a Private Company 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-07-03 19:46:11 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law