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Tags: jeb bush | trump | critic | scaramucci

Jeb Bush Hires Trump Critic Anthony Scaramucci

Tuesday, 29 September 2015 05:42 PM EDT

Anthony Scaramucci started 2016 with Scott Walker, crossed paths with Donald Trump, and is now settling in with Jeb Bush.

The former Florida governor announced Tuesday that he had snagged Scaramucci, a hedge fund manager and a former national finance co-chairman for Wisconsin Governor Scott Walker's now defunct presidential campaign. Bush said Scaramucci, who is a managing partner for the SkyBridge hedge fund and is a host on the Fox network's Sunday morning program Wall Street Week, would be “a valuable asset in sharing our campaign message of expanding economic opportunity for all Americans to voters across the nation,” according to the New York Times. 

For a brief moment, it appeared that Scaramucci was considering jumping aboard the Trump bandwagon. In late August, as Walker's campaign continued to struggle, Scaramucci met with the billionaire candidate at his office in Trump Tower, the Wall Street Journalreported, leading Trump to declare, "He wants to drop Walker and go with me. He wants to endorse me."

Scaramucci denied Trump's characterization of the meeting, and a day later publicly derided him over Trump's frequent attacks on hedge fund managersas "paper-pushers" who do not pay their fair share in taxes thanks to the carried interest loophole. 

"He's a hack politician. He's probably going to make Elizabeth Warren his vice presidential nominee with comments like that. It's anti-American, and it's very, very divisive," Scaramucci said on the Fox Business Network, adding, "I don't like the way he talks about women, I don't like the way he talks about our friend Megyn Kelly. And, you know what, the politicians don't want to go at Trump because he's got a big mouth and are afraid he's going to light them up on Fox News and all these other places. But I'm not a politician. Bring it." 

While Trump may have, at one point, thought Scaramucci would be signing on with him, the move to the Bush campaign does play into one of his main lines of attack for Bush.

"Hillary and Jeb, in particular, are totally controlled by the hedge fund guys and the Wall Street guys, but hedge funds, in particular," Trump said Sunday on CBS's Face the Nation.

Trump's pledge to go after hedge fund managers, however, turns out to have been more bark than bite. While his new tax plan would eliminate the carried-interest deduction, which taxes private equity and hedge fund profits at 23. 8 percent, it also lowers rates for top earners to 25 percent, resulting in a net tax cut for hedge fund managers.

© Copyright 2024 Bloomberg News. All rights reserved.


Politics
Anthony Scaramucci started 2016 with Scott Walker, crossed paths with Donald Trump, and is now settling in with Jeb Bush.The former Florida governor announced Tuesday that he had snagged Scaramucci, a hedge fund manager and a former national finance co-chairman for...
jeb bush, trump, critic, scaramucci
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2015-42-29
Tuesday, 29 September 2015 05:42 PM
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