Bill Maher Accuses Trump of Socialism, Citing Admin Buying Stakes in 30 Companies
The "Real Time" host says "we basically run their board room now" about one corporation The post Bill Maher Accuses Trump of Socialism, Citing Admin Buying Stakes in 30 Companies appeared first on TheWrap .
During an episode of "Real Time" on HBO, comedian Bill Maher accused President Trump of promoting socialism by citing the federal government's increasing investments in 30 different companies. Maher pointed to recent deals such as Intel receiving $8.9 billion in government funding and Nvidia agreeing to share 15% of its chip sales revenue with the government.
He also mentioned Trump's approval of Nippon Steel's acquisition of U.S. Steel, which included the federal government appointing a board member and the power to veto certain decisions. Maher suggested that Bernie Sanders, a prominent Democrat, would likely support these policies, as Sanders recently advocated for a sovereign wealth fund financed by a tax on AI company stocks.
Independent journalist Tara Palmeri noted that after investing in Intel, Trump made substantial profits. Maher further criticized the situation as crony capitalism, with Trump personally profiting from the government's investments. The president's financial dealings, including over 3,700 transactions in the first quarter of 2026, have been the subject of scrutiny by the Office of Government Ethics.
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