Bernie Sanders wants Americans to own a piece of AI. The Trump White House seems to agree
Senator Bernie Sanders has proposed the American AI Sovereign Wealth Fund Act, aiming to give Americans ownership in major AI companies. This initiative includes a one-time tax on company stocks to fund a public equity fund. Surprisingly, the Trump administration appears to support similar ownership concepts in private companies.
- ▪Senator Bernie Sanders wants every American to own a piece of OpenAI, Anthropic, and xAI.
- ▪The proposed act would impose a one-time 50% tax on each company's stock, paid in shares.
- ▪The Trump administration has already taken ownership stakes in 20 private companies.
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| Original publisher | Fortune |
| Canonical URL | https://fortune.com/2026/06/03/bernie-sanders-ai-ownership-sovereign-wealth-fund-electrification/ |
| Publication time | Wed, 03 Jun 2026 19:03:28 +0000 |
| Retrieval time | 2026-06-03T19:26:58.109Z |
| Last seen | 2026-06-03T19:26:58.109Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | V62e2UV4kFCV |
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| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
Senator Bernie Sanders wants every American to own a piece of OpenAI, Anthropic, and xAI. Late on Monday, he posted a video describing his vision: the American AI Sovereign Wealth Fund Act, which would impose a one-time 50% tax on each company’s stock, paid in shares, depositing the equity into a public fund that gives ordinary Americans voting rights, board representation, and eventually, a check in the mail. Recommended Video The federal government would also have the power, through those voting shares and equal board seats, to block decisions deemed harmful and push for policies that benefit the public—something one of Anthropic’s cofounders even argued for during Pope Leo XIV’s presentation of his first papal encyclical.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Fortune.
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