Trump

President Donald Trump has taken a shine to the government taking stakes in the private sector. But his administration took a pass on bailing out troubled Spirit Airlines. The discount carrier ceased operations Saturday. Trump had said the government was interested in a stake in the carrier “if it's a good deal.” Under Trump, the government earlier invested in Intel and U.S. Steel and had made other deals that go against the traditional Republican position about Washington picking winners and losers. Critics say Trump's deals reflect his transactional nature. Others see some logic in competing against heavily subsidized Chinese manufacturers.