Commerce Sec: No, This Isn't Socialism

Howard Lutnick: "When the Biden Administration gave Intel $11 billion, an American company. I don’t even know what that is. I think that’s beyond socialism. Right? But, to say ok, the Biden Administration gave you $11 billion, come on, let’s take care of the American taxpayer. How about you give us the equity equal to that amount of money. That just sounds fair and smart. That is not socialism."