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Against the backdrop of expanding federal capital deployment into strategic industries, a House Democrat has stepped outside party lines to endorse three pillars of the Trump administration's industrial policy.
Haley Stevens of Michigan told Fox News Digital she supports government ownership positions in high-growth sectors, loan guarantees for domestic critical mineral producers, and the White House's framework for managing electricity costs during the AI infrastructure buildout.
Federal equity stakes and the capex cycle The administration's equity program is generating unrealized paper gains.
It converted $8.9 billion in federal funding into a 9.9% nonvoting stake in Intel, and the Pentagon separately took a 15% stake in rare-earth producer MP Materials.
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