Free Republic

The Trump administration has so far announced 43 equity stakes in firms producing everything from minerals to semiconductors, 36 of which were negotiated without explicit legal authority — and more are yet to come. The administration may be negotiating even more stakes under the radar, since SEC filings for unrelated deals mention the possibility of warrants. Unwinding the administration’s investments would prove legally and politically difficult — but Democrats likely won’t want to, at least not right away. They’re already weighing how to use equity stakes for their own ends, signaling that Trump’s government intervention in the private sector may...

But if Massie loses, it's not just the end of his career. (He told Mangu-Ward that if GOP primary voters send him packing, he's going back to his plow and "nobody will ever hear from me again"). It would also effectively be the end of what used to be called the Tea Party, a loose conglomeration of Republican representatives and senators who rode a wave of anti-Barack Obama and anti-George W. Bush sentiment to office in the early 2010s. Although some said that the tea in Tea Party stood for the "taxed-enough already," the rallying cry of the early Tea...