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Howard Lutnick: “America owns 10% of Intel.”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Howard Lutnick: How America Can Hit 6% GDP Growth in 2026

Published | Video Starts at 1:21:50

So he's looking for, look, why would we give the money to Intel? It was given to Intel. Contract sign given to Intel. So to turn that around to where America owns 10% of Intel. that can fix. Use that money to fix Social Security, use that money to reduce our deficit, use that money to charge less in taxes. Use the money to make America great. (1:21:50–1:21:53)

CLAIM

Asserts that America owns 10% of Intel.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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