Anthony Scaramucci, former President Donald Trump's White House communications director, on Monday criticized Wall Street for being too “cautious” about a possible return to the White House and warned that Trump poses a “huge risk” to domestic business. did.
“It pains me to admit this, but Wall Street is basically oblivious to this election,” Scaramucci said in a statement. The Hill interview.
“I think they think that despite the fact that Donald Trump has put in $7.8 trillion in additional deficit spending, it's been generally benign or somewhat beneficial for the economy and for business. “I think we see this as a Fed-driven market rather than a Democratic or Republican presidential market,” Scaramucci said.
Scaramucci served a historic 10-day term under the Trump administration in 2017 and is now a frequent critic of the former president.
In an interview Monday, Scaramucci warned of the dangers a Trump presidency poses to U.S. institutions, saying it is “ultimately very bad for business.”
Asked about Wall Street's position on Trump, Scaramucci said, “That's unfortunate because, as President Biden has pointed out, Trump poses a huge risk to American institutions.”
“And if we end up losing these treasured institutions, I think that ultimately would be very bad for business,” Scaramucci continued. “So it's very ironic that people aren't focusing enough on what's at stake here.”
Trump is the front-runner in the 2024 Republican presidential primary, and his campaign officially begins next week with the Iowa caucuses. Trump also faces four criminal charges, including two related to his efforts to remain in office after losing the 2020 presidential election.
Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
