What's the definition of socialism again? If you crack a book, you'll see that it is state control over the means of production. This president has taken a 10% stake in Intel, a 15% stake in MP Materials, a 10% stake in Lithium America, 10% stake in Trilogy Metals, and we have a golden share in U.S. steel. State control of the means of production. Madam ranking member, may I have one more minute? I yield additional minute to the gentleman. Gentleman from Connecticut is recognized for an additional minute. (02:47–03:01)
CLAIM
Asserts that the U.S. government has taken stakes in several companies, including Intel and MP Materials.
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.