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About half of voters oppose U.S. government equity stakes, CNBC poll finds

About half of U.S. voters say it is inappropriate for the federal government to own stakes in companies, a new CNBC poll found. The result lands as the Trump administration pursues equity positions in companies, placing a public sentiment…

By Jonah Berg·Jul 21, 2026·1 min read·markets

About half of U.S. voters say it is inappropriate for the federal government to own stakes in companies, a new CNBC poll found. The result lands as the Trump administration pursues equity positions in companies, placing a public sentiment reading directly against an active policy.

The controlling number

The CNBC survey produces one figure that drives the story: roughly half of voters oppose government ownership in companies. That is a near-majority reading on a question the poll was designed to test against current policy.

No prior wave of the same question appears in the reported findings, so the data cannot show movement. What it captures is a baseline: public sentiment toward government equity stakes as a category, before individual company names and deal terms enter the public record.

The word "inappropriate" is the poll's own framing. Voters were not asked whether the practice is harmful or effective. They were asked whether it is appropriate. About half said it is not.

The policy context

The Trump administration has moved to take equity stakes in companies. Government ownership in U.S. private enterprise is historically uncommon and carries a different set of expectations than temporary programs the federal government has run in past economic crises.

The CNBC finding puts a number on the political environment surrounding that policy. About half of voters oppose the concept outright. For any company that accepts a government equity stake, that voter sentiment becomes part of the political backdrop, shaping how the deal is eventually questioned by lawmakers.

The poll does not break down opposition by party affiliation or sector. It does not name specific companies or deals. What it provides is a single, clean reading: on the appropriateness of government equity ownership, the American electorate is split, with roughly half on the side of no.

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Key takeaways

Frequently asked

What did the CNBC poll find about government ownership in companies?

It found that about half of U.S. voters consider it inappropriate for the federal government to own stakes in companies.

Why does this poll matter right now?

The Trump administration has moved to take equity stakes in companies, so the poll places public sentiment directly against an active policy.

What exactly were voters asked?

Voters were asked whether government ownership in companies is appropriate, not whether it is harmful or effective, and about half said it is inappropriate.

Does the poll show how opposition breaks down by party or company?

No, the poll does not break down opposition by party affiliation or sector, and it does not name specific companies or deals.

Can the poll show whether opinion is changing over time?

No, because no prior wave of the same question appears in the findings, so the data only captures a baseline rather than any movement.