Wall Street Loves Trump And His Haters Are Furious About It

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(PatriotNewsDaily.com) – On Monday, former President Donald Trump’s White House communications director Anthony Scaramucci slammed Wall Street for being “nonchalant” over a possible second Trump administration and warned that his return could pose a “great risk” to the country.

In an interview with The Hill, he argued that Wall Street was largely viewing Trump as someone who has been benign – if not at times beneficial – to the U.S. economy. In reality, Scaramucci continued, Trump had spent $7.8 trillion of additional deficit spending. He added that they viewed the situation as a Fed-driven market instead of seeing how the market was affected by the presidency.

Scaramucci only served in the Trump administration for 10 days in 2017. Since his short time in the White House, he has frequently criticized the former President. In this latest interview, he warned that Trump posed a danger to U.S. institutions which would be “bad for business.” He added that it was unfortunate that Wall Street had taken such a position as Trump was a “great risk to U.S. institutions.

He noted that if any of the country’s institutions are lost then it would be “bad for business.” However, he pointed out that currently, the majority of people were not focusing on everything that was at stake.

Trump is currently leading the 2024 Republican presidential primary race. The official start of the race is happening next week in Iowa. However, outside of dealing with his campaign, Trump is also facing legal woes, as he was criminally indicted four times. Two of those indictments relate to his attempts to overturn the 2020 presidential election.

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