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Demand Transparent, Democratic Oversight of US Government Investments in Critical Tech Industries
Related Article: Trump Eyes Intel Stake as Chip Politics Go Wild - financemagnates.com - Friday, August 15, 2025, 4:38:57 AM Eastern Daylight Time
Target: President of the United States, US Congress, Department of Commerce
Goal: We call for full transparency, democratic oversight, and clear public benefit guarantees in any government investments or revenue-sharing deals with major technology firms like Intel, Nvidia, and AMD.
The Trump administration's approach to the semiconductor industry has taken a new turn. Instead of traditional regulation or subsidies, the government is now openly considering direct investments in private companies like Intel and has struck a 'pay to play' deal with Nvidia and AMD, taxing their China sales by 15% in exchange for renewed market access.
While securing domestic supply chains and supporting US technology leadership are important goals, these unprecedented interventions demand public scrutiny. Direct government stakes in private corporations risk conflicts of interest, corporate capture, and the prioritization of profits over the public good. The lack of transparency around these deals undermines democratic accountability and raises questions about who truly benefits from these arrangements.
We demand that any government action in critical industries like semiconductors be subject to robust oversight, public disclosure, and guarantees that investments serve the broader public, not just corporate or political interests.
Key Demands
- Full public disclosure of the terms and conditions of any government investment or revenue-sharing agreements with Intel, Nvidia, AMD, or other critical tech firms.
- Establishment of an independent oversight body, including labor, consumer, and civil society representatives, to review and approve any such deals.
- Clear requirements that government investments prioritize job creation, fair labor standards, environmental responsibility, and equitable access to technology.
- Prohibition of government stakes being used to suppress competition or consolidate corporate power.
- Regular public reporting on the outcomes and impacts of these interventions, including their effects on workers, consumers, and national security.
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All Opinions and Actions are (C)opyright 2025 - TruthAndResistance.com
All Opinions and Actions are (C)opyright 2025 - TruthAndResistance.com