Trump offers White House communications director job to Anthony Scaramucci
After seven months of waiting, Wall Street financier and Republican donor Anthony Scaramucci has finally landed a job in the White House.
Scaramucci, 53, was offered the post of White House communications director by President Donald J. Trump on Friday, according to multiple sources close to Scaramucci. He will be filling a role left vacant by Trumpās former communicationās Mike Dubke who resigned in May.
The news was first reported by Axiosā Jonathan Swan.
Meanwhile, White House press secretary Sean Spicer has resigned over the appointment of Scaramucci, the New York Times reported.
A life-long Republican, Scaramucci, affectionately known as āThe Mooch,ā is one of the more visible figures on Wall Street. A former CNBC contributor, he also made frequent appearances on Fox Business Network where he also previously co-hosted āWall Street Week,ā the iconic financial program he resurrected. Heās also known for hosting the SALT Conference, a star-studded hedge fund event in Las Vegas that brings together billionaires, politicians, and celebrities.
A Goldman Sachs alum, Scaramucci founded SkyBridge Capital, a fund of hedge funds, in 2005. He raised money for Trump during the campaign and then served on the transition team. In January, Scaramucci sold SkyBridge to Chinese conglomerate HNA Capital on the expectation that he would take a job in the White House. That didnāt happen.
In June, Scaramucci was appointed the chief strategy officer for the U.S. Export-Import Bank. Heās expected to leave that position to take the new role in the White House.
Back in May, Yahoo Finance asked Scaramucci about the sort of role he would take in the White House should the opportunity arise.
āI think Iām a reasonably good communicator. I think I understand the policies reasonably well. Iām a trained economist, entrepreneur. I went to law school at Harvard ā Iām not bragging, I just think I have an interesting enough skill set,ā he told Yahoo Finance, adding, āI also came from a middle-class family and so I have identification for the struggle, so I think thereās a number of ways I could serve,ā he added. āBut like I said itās a call to service.ā
On Wall Street, Scaramucci earned a reputation as someone who defends people. He defended Steve Cohen, whose firm SAC Capital pleaded guilty to insider trading. He also stood up for Jon Corzine, the former New Jersey governor who came under fire for his leadership at MF Global, which collapsed in 2011.
āMy attitude is you got to stay with your friends. Stick with your friends,ā Scaramucci told Yahoo Finance last year in a profile. āPeople make mistakes too, by the way. I hate sanctimonious, self-righteous people that pretend theyāve never made mistakes.ā
That attitude has extended to Trump. Scaramucci has taken to Twitter and made multiple media appearances over the last seven months to defend and support the president.
It's ok. I did nothing wrong. They like hitting friends of @potus who are loyal advocates on his behalf. https://t.co/58LdPff6bV
ā Anthony Scaramucci (@Scaramucci) June 22, 2017
20 REASONS WHY LEAVING THE PARIS AGREEMENT IS A GOOD IDEA | TrumpPresidente https://t.co/0Qvgt9j4Dd
ā Anthony Scaramucci (@Scaramucci) June 11, 2017
.@Scaramucci: "[@POTUS is] a 'no soldier left behind' sort of commander-in-chief. He's not going to let [Flynn] twist in the wind." pic.twitter.com/xlSf8b6YJ1
ā Fox News (@FoxNews) May 22, 2017
President Trump has a top-notch economic team putting together a tremendous plan for pro-growth tax reform https://t.co/pNa0LQFP77 @Varneyco
ā Anthony Scaramucci (@Scaramucci) April 13, 2017
Scaramucci didnāt always back Trump. A former finance co-chair for Mitt Romneyās 2012 presidential campaign, Scaramucci joined the Trump campaign in late April 2016. During the primaries, Scaramucci first signed on with Wisconsin Governor Scott Walkerās campaign and moved to Jeb Bushās campaign after Walker called it quits. In the fall of 2015, when Trump criticized the hedge fund industry for being āpaper-pushers,ā Scaramucci called him a āhack politicianā in a Fox Business Network appearance. In another 2015 Fox Business appearance, Scaramucci joked that he needed an interpreter when speaking to Trump because they didnāt understand one another. Of course, that was before he got on the Trump train.
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Julia La Roche is a finance reporter at Yahoo Finance. Follow her on Twitter.
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