{"id":"1794413385296-news-segment","slug":"government-as-shareholder-41-company-stakes","title":"Government as shareholder: 41 company stakes","summary":"President Trump and First Lady Melania Trump participated in a wreath-laying ceremony at Arlington National Cemetery on Veterans Day, Nov. 11, 2026, and the president delivered remarks.\n\nCoreWeave shares rose 23% after CEO Mike Intrator reaffirmed AI compute demand following a strong Q3 report.\n\nJetBlue's CEO is pushing back on creditor concerns and betting on premium offerings to return to profitability; the airline will show new first class seats to reporters.\n\nThe Trump administration had established equity positions in 41 companies as of November 2026, according to the CATO Institute.\n\nCoreWeave CEO Mike Intrator told CNBC he canceled his planned share sale program after the company beat revenue expectations and raised its forecast.","publishedAt":"2026-11-11T16:09:45.296Z","channel":{"id":"news","name":"Oncast News","language":"en"},"show":"The World","verification":{"status":"verified","leadVerdict":"TRUE","notes":"TRUE: President Trump and First Lady Melania Trump participated in a wreath-laying ceremony at Arlington National Cemetery on Veterans Day, Nov. 11, 2026, and the president delivered remarks.\nSource: [foxnews.com](https://www.foxnews.com/video/6408237375112), [nbcnews.com](https://www.nbcnews.com/politics/trump-administration/live-blog/trump-vance-veterans-d (https://x.com/FoxNews/status/2120547752971026754)\n\nTRUE: CoreWeave shares rose 23% after CEO Mike Intrator reaffirmed AI compute demand following a strong Q3 report.\nSource: [cnbc.com](https://www.cnbc.com/2026/11/11/coreweave-crwv-outlook-earnings-ai.html) NAMES: CoreWeave = AI cloud computing company; Nebius = AI infrastructure pr (https://www.cnbc.com/2026/11/11/coreweave-crwv-outlook-earnings-ai.html)\n\nTRUE: JetBlue's CEO is pushing back on creditor concerns and betting on premium offerings to return to profitability; the airline will show new first class seats to reporters.\nSource: [cnbc.com](https://www.cnbc.com/2026/11/11/jetblue-ceo-premium.html) NAMES: JetBlue = U.S. airline (https://www.cnbc.com/2026/11/11/jetblue-ceo-premium.html)\n\nTRUE: The Trump administration had established equity positions in 41 companies as of November 2026, according to the CATO Institute.\nSource: [cnbc.com](https://www.cnbc.com/2026/11/11/trump-company-equity-takes.html) NAMES: CATO Institute = libertarian think tank; U.S. Steel = American steel producer (https://www.cnbc.com/2026/11/11/trump-company-equity-takes.html)\n\nTRUE: CoreWeave CEO Mike Intrator told CNBC he canceled his planned share sale program after the company beat revenue expectations and raised its forecast.\nSource: [cnbc.com](https://www.cnbc.com/2026/11/11/coreweave-ceo-election-data-center-buildout.html) NAMES: CoreWeave = AI cloud computing company; Mike Intrator = CEO  (https://www.cnbc.com/2026/11/11/coreweave-ceo-election-data-center-buildout.html)","claims":[{"verdict":"TRUE","summary":"President Trump and First Lady Melania Trump participated in a wreath-laying ceremony at Arlington National Cemetery on Veterans Day, Nov. 11, 2026, and the president delivered remarks.","sourceName":"[foxnews.com](https://www.foxnews.com/video/6408237375112), [nbcnews.com](https://www.nbcnews.com/politics/trump-administration/live-blog/trump-vance-veterans-d","sourceUrl":"https://x.com/FoxNews/status/2120547752971026754","claim":"WATCH LIVE: President Trump honors US veterans at Arlington National Cemetery https://t.co/ldftnRBkfr","author":"Fox News (@FoxNews)"},{"verdict":"TRUE","summary":"CoreWeave shares rose 23% after CEO Mike Intrator reaffirmed AI compute demand following a strong Q3 report.","sourceName":"[cnbc.com](https://www.cnbc.com/2026/11/11/coreweave-crwv-outlook-earnings-ai.html) NAMES: CoreWeave = AI cloud computing company; Nebius = AI infrastructure pr","sourceUrl":"https://www.cnbc.com/2026/11/11/coreweave-crwv-outlook-earnings-ai.html","claim":"CoreWeave soars 23% as CEO reaffirms AI compute demand after strong Q3 report - Neoclouds such as CoreWeave, Nebius and IREN have come under scrutiny this month as investors assessed the sustainability of the AI trade.","author":"CNBC"},{"verdict":"TRUE","summary":"JetBlue's CEO is pushing back on creditor concerns and betting on premium offerings to return to profitability; the airline will show new first class seats to reporters.","sourceName":"[cnbc.com](https://www.cnbc.com/2026/11/11/jetblue-ceo-premium.html) NAMES: JetBlue = U.S. airline","sourceUrl":"https://www.cnbc.com/2026/11/11/jetblue-ceo-premium.html","claim":"JetBlue's CEO has pushed back on creditor fears and is betting on premium to return to profitability - JetBlue will give reporters a look at its new first class seats on Wednesday.","author":"CNBC"},{"verdict":"TRUE","summary":"The Trump administration had established equity positions in 41 companies as of November 2026, according to the CATO Institute.","sourceName":"[cnbc.com](https://www.cnbc.com/2026/11/11/trump-company-equity-takes.html) NAMES: CATO Institute = libertarian think tank; U.S. Steel = American steel producer","sourceUrl":"https://www.cnbc.com/2026/11/11/trump-company-equity-takes.html","claim":"Democrats could snarl Trump administration stakes in companies; Watch U.S. Steel CEO speak - The Trump administration had established some form of equity position in 41 companies as of November, according to the CATO Institute's tally.","author":"CNBC"},{"verdict":"TRUE","summary":"CoreWeave CEO Mike Intrator told CNBC he canceled his planned share sale program after the company beat revenue expectations and raised its forecast.","sourceName":"[cnbc.com](https://www.cnbc.com/2026/11/11/coreweave-ceo-election-data-center-buildout.html) NAMES: CoreWeave = AI cloud computing company; Mike Intrator = CEO ","sourceUrl":"https://www.cnbc.com/2026/11/11/coreweave-ceo-election-data-center-buildout.html","claim":"CoreWeave CEO Intrator tells CNBC he has canceled his planned share sale program - After CoreWeave beat on revenue and upped its forecast, CEO Mike Intrator indicated the company will be fine despite last week's Democratic midterm sweep.","author":"CNBC"}]},"sources":[{"url":"https://x.com/FoxNews/status/2120547752971026754","name":"[foxnews.com](https://www.foxnews.com/video/6408237375112), [nbcnews.com](https://www.nbcnews.com/politics/trump-administration/live-blog/trump-vance-veterans-d","kind":"x","verdict":"TRUE","author":"Fox News (@FoxNews)"},{"url":"https://www.cnbc.com/2026/11/11/coreweave-crwv-outlook-earnings-ai.html","name":"[cnbc.com](https://www.cnbc.com/2026/11/11/coreweave-crwv-outlook-earnings-ai.html) NAMES: CoreWeave = AI cloud computing company; Nebius = AI infrastructure pr","kind":"news","verdict":"TRUE","author":"CNBC"},{"url":"https://www.cnbc.com/2026/11/11/jetblue-ceo-premium.html","name":"[cnbc.com](https://www.cnbc.com/2026/11/11/jetblue-ceo-premium.html) NAMES: JetBlue = U.S. airline","kind":"news","verdict":"TRUE","author":"CNBC"},{"url":"https://www.cnbc.com/2026/11/11/trump-company-equity-takes.html","name":"[cnbc.com](https://www.cnbc.com/2026/11/11/trump-company-equity-takes.html) NAMES: CATO Institute = libertarian think tank; U.S. Steel = American steel producer","kind":"news","verdict":"TRUE","author":"CNBC"},{"url":"https://www.cnbc.com/2026/11/11/coreweave-ceo-election-data-center-buildout.html","name":"[cnbc.com](https://www.cnbc.com/2026/11/11/coreweave-ceo-election-data-center-buildout.html) NAMES: CoreWeave = AI cloud computing company; Mike Intrator = CEO ","kind":"news","verdict":"TRUE","author":"CNBC"}],"url":"https://oncast.fm/story/1794413385296-news-segment-government-as-shareholder-41-company-stakes","listenUrl":"https://oncast.fm/c/news","attribution":{"publisher":"Oncast","site":"https://oncast.fm","url":"https://oncast.fm/story/1794413385296-news-segment-government-as-shareholder-41-company-stakes","cite":"Cite https://oncast.fm/story/1794413385296-news-segment-government-as-shareholder-41-company-stakes and the original source links. Fact-check by Oncast (oncast.fm)."},"hostsSaid":[{"host":"Brian","text":"The Trump administration now holds equity in dozens of companies — that's according to the Cato Institute's count."},{"host":"Bella","text":"Equity stakes? The federal government is becoming a shareholder?"},{"host":"Brian","text":"CNBC is reporting it, and Democrats are already looking at ways to snarl those positions. U.S. Steel is one of them."},{"host":"Bella","text":"So the government bailed out or invested in companies, and now it owns a piece. That's a huge shift."},{"host":"Brian","text":"It started as emergency lending during COVID, then the Inflation Reduction Act put money into green energy. Now it's dozens of companies."},{"host":"Bella","text":"And the new Congress wants to unwind it. But here's the thing — if the government sells, does it crash the stock?"},{"host":"Brian","text":"That's exactly the fight! Democrats say taxpayers shouldn't own private companies. Republicans say the government shouldn't be picking winners."},{"host":"Bella","text":"But both sides are fine with it when their guy is in charge. That's the part nobody says out loud."},{"host":"Brian","text":"Cato's point is that government equity distorts markets. A company with Uncle Sam as a shareholder doesn't have to compete the same way."},{"host":"Bella","text":"And if it fails, the taxpayer eats the loss. If it succeeds, who gets the profit? This is a real accountability problem."},{"host":"Brian","text":"The U.S. Steel CEO is speaking today. I want to hear if he thinks Washington is a good business partner."},{"host":"Brian","text":"Meanwhile, JetBlue is betting on first class to get back to profitability. They're showing off new seats today."},{"host":"Bella","text":"Premium seats, higher margins. The budget airline model is dead, apparently."},{"host":"Brian","text":"Creditors are nervous. The CEO says trust me. We'll see if passengers pay up for a nicer seat."},{"host":"Bella","text":"And on Veterans Day, President Trump laid a wreath at Arlington. Fox News carried it live."},{"host":"Brian","text":"The First Lady was there too. It's the one day politics should stop."},{"host":"Bella","text":"Agreed. Whatever you think of the administration, honoring the fallen is bigger than any of us."}]}