Trump attacks Democrats as ‘communists’ — while acquiring government stakes in companies

Trump attacks Democrats as ‘communists’ — while acquiring government stakes in private companies

NBC News Clone summarizes the latest on: Trump Democrats Communists Acquiring Government Stakes Companies Rcna589642 - Politics and Government | NBC News Clone. This article is rewritten and presented in a simplified tone for a better reader experience.

Trump’s actions have drawn criticism even from Republicans, who caution that their party shouldn’t abandon long-held beliefs about the government’s role in a free-market economy.

Aug. 21, 2026, 11:40 AM EDT

By Peter Nicholas, Sahil Kapur and Eleanor Skelly

WASHINGTON — Step aside, “socialism.” President Donald Trump has seized on “communism” as his new favored line of attack against Democrats, having invoked the word more than 100 times since late June as he tries to rouse voters and preserve a narrow Republican congressional majority in the upcoming midterm elections.

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