Congress Should Stop, Not Enshrine, Equity Stakes in Private Companies by Government
Senator Roger Wicker acknowledged the lack of existing law regarding equity stakes but stated they 'make good sense in many cases.'
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tl;dr
The Cato Institute criticizes Congressional Republicans for failing to oversee the Trump administration's acquisition of equity stakes in private companies and for potentially enshrining this practice into law via the Defense Production Act.
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RFRoger F. WickerR-Mississippi
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