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Howard Lutnick: “Biden gave Intel $100 billion, company $10 billion, gave it…”

Featuring: Howard Lutnick, Secretary of Commerce | National

Howard Lutnick: THIS will blow you away

Published November 20, 2025 | Video Starts at 09:16

Go ahead, straighten the record out for us, please. So let's just talk about the intel deal, right? Biden gave Intel $100 billion, company $10 billion, gave it to him. It's Christmas for shareholders. So all we did is said, look, if we're going to give you $10 billion, at least make it the benefit of the bargain. (09:16–09:27)

CLAIM

Asserts that Biden gave Intel $10 billion.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Howard Lutnick

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