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.
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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