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Demand Transparency and Worker Protections in Any Government Stake in Intel
Related Article: Intel jumps on report of possible US government stake buy - reuters.com - Friday, August 15, 2025, 5:18:43 AM Eastern Daylight Time
Target: U.S. Congress, Department of Commerce, and President of the United States
Goal: Ensure that any federal investment in Intel is conditioned on public accountability, strong labor protections, and a commitment to technological equity.
Recent reports indicate that the federal government is in talks to acquire a stake in Intel, aiming to secure strategic industries and support domestic chip manufacturing. While public investment in critical technology can be beneficial, it must be done transparently and responsibly. We cannot allow taxpayer funds to be funneled into corporate bailouts without meaningful oversight, labor protections, and guarantees that the benefits will be shared broadly, not just with shareholders.
Intel's recent struggles highlight the need for a new direction—one that prioritizes workers, communities, and technological advancement for the public good. If the government is to invest, it must ensure that Intel upholds the highest standards of worker rights, environmental responsibility, and democratic accountability. We urge policymakers to put people and planet first in any negotiations.
Key Demands
- Full transparency on the terms and conditions of any government stake in Intel, including public disclosure of negotiations and agreements.
- Binding commitments from Intel to protect and expand union jobs, guarantee living wages, and provide safe working conditions.
- Requirements that any public investment results in equitable access to new technologies and benefits for local communities.
- Strict environmental standards for all Intel operations, including new and existing factories.
- Establishment of a public oversight board with worker and community representation to monitor the use of federal funds and hold Intel accountable.
- Prohibition of stock buybacks or executive bonuses funded by public investment until all worker and community needs are met.
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All Opinions and Actions are (C)opyright 2025 - TruthAndResistance.com
All Opinions and Actions are (C)opyright 2025 - TruthAndResistance.com