California's Rep. Khanna Says Intel Stake Should Help Workers
Democratic California Rep. Ro Khanna said federal ownership in companies such as Intel should come with benefits to workers. Khanna told NBC's Meet the Press with Kristen Welker that he has "no problem" with the government using taxpayer money to take stakes in companies, as the U.S. recently did with Intel. Khanna, who points out he helped write the Chips Act that provides the basis for funding Intel's chip making efforts and the U.S.'s roughly $8 billion equity stake, said the U.S. should take the opportunity to get other investment into Intel.