New York financier to land White House adviser role


A prominent New York financier is set to be named a top White House adviser to President-elect Donald Trump, tasked with coordinating the administration’s outreach to the nation’s financial world and key members of the political community.

Anthony Scaramucci, a colorful surrogate for Trump and a top fundraiser during the campaign, will be appointed within the week, according to two people with knowledge of the decision who were not authorized to discuss that matter publicly. His exact title has not been settled, the people said Thursday, but he may move into the Office of Public Engagement and Intergovernmental Affairs, which is currently run by Valerie Jarrett, one of President Barack Obama’s most powerful allies.

Scaramucci may turn the role into something more akin to what it was under George W. Bush, when it was known as the Office of Public Liaison and Intergovernmental Affairs. Scaramucci has deep ties to Wall Street and will be one of the administration’s public faces to the banking and business worlds, but the hedge fund banker and frequent cable TV commentator will also conduct outreach to Silicon Valley and influential organizations in the nonprofit world and politics.

He has deep ties with incoming White House strategist Steve Bannon and senior adviser Jared Kushner, Trump’s influential son-in-law. Kushner and Bannon will likely be two of the three major power centers in the West Wing, along with chief of staff Reince Priebus.

Scaramucci joins a growing contingent of former fellow Goldman Sachs employees set to join the new administration. Others include Bannon and Treasury nominee Steven Mnuchin. Trump memorably disparaged Goldman Sachs during the campaign, claiming it held great sway over former rivals Ted Cruz and Hillary Clinton, and has complained that hedge fund managers don’t pay enough in taxes.

Scaramucci’s conversion to Trump came after hitching his wagon to two other candidates — first, Wisconsin Gov. Scott Walker, and then former Florida Gov. Jeb Bush. When it became clear Trump would win the nomination, Scaramucci fully ingratiated himself with the Trump campaign, becoming one of Trump’s best fundraisers and an outspoken media presence on his behalf.

He earned a B.A. in Economics from Tufts University and a J.D. from Harvard Law School.

After graduating from law school, Scaramucci began his career at Goldman Sachs, where he worked from 1989 to 1996 and held positions in its Investment Banking, Equities and Private Wealth Management divisions.

He is a member of the World Economic Forum and speaks at the annual meeting in Davos, Switzerland. He is the vice chair of the Kennedy Center Corporate Fund Board and a trustee of the United States Olympic & Paralympic Foundation. He is also a member of the Council on Foreign Relations.




~ by seeker401 on January 17, 2017.

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