Commerce Secretary Howard Lutnick said Tuesday that the Trump administration is considering taking an ownership stake in Lockheed Martin and other defense contractors that profit from U.S. government spending.

Lutnick made the comments on CNBC's Squawk Box days after the Trump administration announced the government will own 10% of U.S. chipmaker Intel's common stocks in exchange for $11 billion in previously committed federal grants.

The unusual arrangement with Intel has raised eyebrows as the federal government takes a direct stake in the beleaguered Santa Clara, Calif.-based company. Lutnick's remarks are the latest indication the Trump administration is seeking more direct control of private companies in a way that was once anathema to the Republican Party.

"There's a monstrous dis

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