Republicans were the party of free enterprise. That may no longer be true. President Donald Trump is taking an "unprecedented amount of control" over American businesses, edging the system toward what some economists call "crony capitalism."

The president is "tightening his control over Wall Street and corporate America," said NPR . In recent days he has called on Intel's CEO to resign, announced an "unprecedented" deal to take a cut of Nvidia's chip exports to China and urged Goldman Sachs to fire an economist who has said tariffs will raise consumer prices. Those actions are not "really free markets as Americans have understood it," said Cato Institute economist Ryan Bourne. The result is an economy in which "we have winners and losers based on cronyism," said Yale Univers

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