Congress Should Stop, Not Enshrine, Equity Stakes in Private Companies by Government
Senator Jack Reed questioned how domestic companies could remain competitive if the DoD provides specific companies a government-backed advantage.
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Senator Jack Reed questioned how domestic companies could remain competitive if the DoD provides specific companies a government-backed advantage.
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.
co-author of critical letter
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