Libertarian Party Calls For Bill Barring Federal Investment in Private Entities
Federal Government’s Socialist Stakes in Private Entities Is Dangerous and Anti-Free Market
Houston, TX, June 8th, 2026 — The Libertarian Party is calling for members of Congress to address a staggering abuse of federal power that threatens the free market that America is built upon, and echoes the failed economic nationalization of private entities by socialist governments throughout history. The Federal Government must be barred from owning stakes in any private entity.
Nationalization of private corporations or industry sectors has proven disastrous throughout history. The repeated, documented failures of nations imposing control of the means of production should stand as a stark warning to our representatives as to the dangers of socializing industry. China’s complete economic collapse during the Great Leap Forward under Mao Zedong, the demise of the once powerful oil industry in Venezuela, and the widespread nationalization of industries in the Soviet Union are but few of the countless examples of the failure of the state to manage privately owned sectors.
Not only does the nationalization of private entities lead to lowered output in those industries, but also imposes unfair market conditions for competitors in those markets, leading to widespread disruption. A free market depends on open competition, which cannot be skewed or weighted due to government intervention.
Already the U.S. government has stakes in Intel, Materials Corp., Lithium America, Trilogy Metals, Westinghouse and Vulcan Elements.
Sen. Bernie Sanders (VA) has also proposed that a new 50% stake be imposed on the artificial intelligence industry, exacting punishment and control over entities including OpenAI, Anthropic and xAI, but extending into any application of AI. This not only is a blatant abuse of government power, but also risks collapsing the AI market, as profits are siphoned away, government oversight and regulation alters innovation, and investment becomes unappealing due to government appropriation of revenue.
The Libertarian Party calls for an immediate course correction, including:
- The immediate cessation of United States Federal investment or control of private entities
- A formal Congressional bill barring the U.S. Government from further investment into private entities, or pass-through agreements with foreign nations to acquire U.S. private entities for Federal reimbursement
- Immediate sale or return of acquired shares, or future equity / payouts
“We are seeing the timeless tactic used by governments to intrude and alter the free market, under the guise of protecting American interests,” said Libertarian Party Chair Evan McMahon. “Congress, and We The People, cannot sit idly by while our government trespasses into economic socialism and the nationalization of private industries. It is absolutely anti-American at its core, and dangerous to the extreme.”