The Trump administration had established some form of equity position in 41 companies as of November, according to the CATO Institute's tally. Trump administration stakes in Intel, MP Materials and Trilogy Metals have boosted shares, but lawsuits and a possible Democratic takeover pose risks. US government takes equity stakes in. Liz Cheney (R-Wyo.) challenged President Donald Trump’s opposition to socialism, pointing to his administration’s growing ownership of private-sector companies.