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Hedge fund founder Scaramucci to join Trump’s White House as liaison

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Anthony Scaramucci, a hedge fund founder who was a fundraiser in Donald Trump’s election campaign, will join the president-elect’s White House staff as an advisor and public liaison to government agencies and businesses, he said on Friday.

Scaramucci, founder of Skybridge Capital hedge fund and a former employee at Goldman Sachs, is a member of Trump’s transition team.

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He will work as a liaison in the White House for state and local governments and for both American and foreign businesses, Scaramucci told reporters in New York.

“One of my other personal goals though is to get all of the American people to see President Trump the way I see him,” he added. Trump, a Republican, takes office on Jan. 20.

Scaramucci played down media reports from Thursday that he would hold a position analogous to that currently held by Valerie Jarrett, who oversees the White House’s Offices of Public Engagement and Intergovernmental Affairs and is seen as one of President Barack Obama’s most powerful advisers.

“That’s probably an overstatement,” Scaramucci said when asked about the comparison. “Valerie and I know each other quite well and I will be speaking to her later in the day. I don’t want to overstate the position.”

Scaramucci did not discuss what would happen to Skybridge, which had $12 billion in assets under management or advisement as of Nov. 30, 2016, down from $12.9 billion as of Dec. 31, 2015, according to firm’s website. The firm was put up for auction as Scaramucci began considering a potential position in the White House, Reuters reported last month.

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(Reporting by Jonathan Allen; Additional reporting by Lawrence Delevingne; Editing by Frances Kerry)


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Rod Rosenstein secretly crippled the Mueller investigation: report

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According to a report from the New York Times, former Deputy Attorney General Rod Rosenstein had a hand in limiting the scope of special counsel Robert Mueller's investigation into ties between Donald Trump's 2016 campaign and the Russians by secretly curtailing an FBI counterintelligence probe.

The report from Michael Schmidt of the Times begins by stating, "The Justice Department secretly took steps in 2017 to narrow the investigation into Russian election interference and any links to the Trump campaign, according to former law enforcement officials," before adding, "But law enforcement officials never fully investigated Mr. Trump’s own relationship with Russia, even though some career F.B.I. counterintelligence investigators thought his ties posed such a national security threat that they took the extraordinary step of opening an inquiry into them."

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‘Meanest and most disrespectful’ senator: Trump lashes out at Kamala Harris in latest presser

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At Tuesday's White House press conference, President Donald Trump spent a considerable portion of the time attacking Sen. Kamala Harris (D-CA), who was just announced to be former Vice President Joe Biden's running mate.

Harris, complained Trump, was the "meanest and most disrespectful person in the U.S. Senate." He particularly dwelled on her sharp interrogation of Brett Kavanaugh during his Supreme Court hearings.

Trump also added that she "lied" about a number of issues, claimed repeatedly she wants to raise taxes, said she is for "open borders and sanctuary cities ... which is also protecting a large number of criminals," and that she would destroy the Second Amendment.

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Elections 2016

California bill to establish nation’s second public bank applauded as ‘historic challenge to Wall Street domination’

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"If California is serious about addressing racial and income inequities, we must create a banking system that centers people not profits."

In a move advocacy groups celebrated as a "historic challenge to Wall Street domination of municipal finances," a pair of California state lawmakers on Thursday unveiled legislation that would establish the nation's second publicly-owned bank and empower the institution to lend to businesses and local governments fighting to stay afloat amid the Covid-19 pandemic.

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