Trump is going to get 'trounced' in the midterms — and knows it, Anthony Scaramucci tells CNBC
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Anthony Scaramucci, former White House communications director, told CNBC that President Trump is going to get "trounced" in the midterms and "knows it," warning that the Republican party faces a "civil war" after the result. The comments come as investors weigh political risk heading into the midterm elections, with potential implications for policy on taxes, regulation and government spending. Scaramucci, who served briefly in the Trump administration in 2017 and has since become a prominent critic, offered no specific polling numbers to back the prediction. Markets typically treat midterm outcomes as a signal for gridlock or policy shifts, making the GOP's internal divisions a variable for sectors sensitive to regulation and fiscal policy. Investors will watch upcoming primary results, fundraising figures and polling trends for signs of whether the party's fractures deepen ahead of November.
Muhabbit's AI wrote this summary in its own words from CNBC's report. It can get details wrong, so check the source.
Named in this story
Donald Trump, Anthony Scaramucci, Republican Party