{
  "id": 11006285,
  "title": "What's inside the Trump administration's $27bn portfolio?",
  "url": "https://urgent.news/2026/09/30/whats-inside-the-trump-administrations-27bn-portfolio",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-30T18:00:50.000Z",
  "source": {
    "name": "The National Business",
    "slug": "the-national-business",
    "url": "https://www.thenationalnews.com/news/us/2026/09/30/whats-inside-the-trump-administrations-27bn-portfolio/"
  },
  "original_language": "en",
  "account": "The Trump administration's $27.7 billion portfolio of investments in private companies has been strategically developed across several Washington agencies, including the Commerce Department, Pentagon and Development Finance Corporation (DFC). These deals, which have been highlighted by the administration as vital for US national security, have taken various forms, such as equity investments, loans, and grants. Intel, a prominent computer chip designer and fabricator, has been the most significant investment, with the US government taking a 10% stake for $8.9 billion. The deal was funded with $5.7 billion from previously unused grants under the Biden-era Chips Act.\n\nThe administration's focus on chip manufacturing has led to significant investment in this sector, which is crucial for US economic and national security. In addition to Intel, the US government has taken stakes in 10 other semiconductor companies under the authority of the Chips Act. These investments include GlobalFoundries, Aeluma, Extropic, I-Pulse, and others. Minerals and metals are another area of focus, with the administration pursuing ownership in companies to bolster domestic supply chains and reduce China's grip on essential materials for defense and advanced technologies. The DFC has signed deals with companies like MP Materials, USA Rare Earth, Vulcan Elements, Trilogy Metals, and Lithium Americas for various equity investments and loans. The DFC also made a $565 million loan agreement with Brazilian rare earths miner Serra Verde, including the option to take a minority equity stake. The administration has also used its golden share in acquiring US Steel/Nippon Steel under the Committee on Foreign Investment in the United States (CFIUS).",
  "summary": "The US is building a growing portfolio of investments in private companies, with President Donald Trump 's administration signing 39 deals valued at $27.7 billion since January 2025. These deals, according to analysis from the Council on Foreign Relations, have been shaped across several agencies in Washington, including the Commerce Department, the Pentagon and the Development Finance…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The National UAE",
        "title": "What's inside the Trump administration's $27bn portfolio?",
        "url": "https://urgent.news/2026/09/30/whats-inside-the-trump-administrations-27bn-portfolio-11006400",
        "published": "2026-09-30T18:00:50.000Z"
      },
      {
        "outlet": "Quartz",
        "title": "Trump administration launches online portal for 9.3 million student loan borrowers in default",
        "url": "https://urgent.news/2026/09/30/trump-administration-launches-online-portal-for-9-3-million-student",
        "published": "2026-09-30T18:20:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}