You are here
Home > World News > Scaramucci finally lands gig in Trump administration

Scaramucci finally lands gig in Trump administration

Anthony Scaramucci is finally heading to Washington.

The Long Island-born financier and loyalist to President Donald Trump was appointed Chief Strategy Officer of the Export-Import bank last week — roughly five months after his first promised White House gig failed to materialize.

“Mr. Scaramucci’s main role is to assess how the Export-Import Bank can better capitalize upon opportunities to support American jobs by financing American exports,” a spokesperson for the bank said Tuesday.

It is Scaramucci’s third attempt to land a gig with the Trump administration. In January, Scaramucci, known in the hedge-fund crowd as “The Mooch,” was said to have landed a role with the White House Office of Public Engagement, but the role disappeared after he sold his company SkyBridge Capital to foreign buyers.

Earlier this month it was reported that Scaramucci was up for the role of ambassador to the Organization of Economic Cooperation and Development. The job, which needs Senate approval and a move to Paris, may still be in play.

Scaramucci’s new role with the Ex-Im bank, which was first reported by Politico, is not without irony.

While campaigning, Trump called the bank “excess baggage.”

But the President changed his tune in April, telling the Wall Street Journal that the bank is “a very good thing. And it actually makes money, it could make a lot of money.”

The bank, which has been called “corporate welfare” by other Republican critics, provides financing for US exports when other, more traditional, lenders may be unwilling to assume the risk.

Source: http://nypost.com/2017/06/27/scaramucci-finally-lands-white-house-gig/

Similar Articles

Leave a Reply

Top