Anthony Scaramucci opined on President-elect Donald Trump‘s successful election bid, analyzed the results and their implications for crypto policy.
What Happened: In a recent episode of The Scoop podcast with Frank Chaparro, the former White House Communications Director pointed to Vice President Kamala Harris’s loss as a consequence of economic concerns and unreliable polling, calling Trump’s narrow win “the greatest political comeback in U.S. history.”
On the topic of crypto, Scaramucci asserted that the Democrats’ anti-crypto stance hurt their political standing, stating, “You won no electoral votes, you won no States, you won no seats in the senate or the house being anti-crypto.”
He suggested that regulatory roadblocks under the Democrats suppressed the crypto market, adding, “Where you are now in price is where we should have been three years ago.”
Also Read: Scaramucci: Trump’s Crypto Support Could Push Bitcoin To $150K
Why It Matters: Scaramucci predicts the incoming Trump administration will prioritize loyalty over expertise, creating a potentially disruptive cabinet.
He highlighted concerns over controversial appointments, including Matt Gaetz, but expressed optimism about crypto-related appointments like Brian Brooks as a possible SEC chair.
The crypto surge following Trump’s re-election, Scaramucci noted, represents the market correcting itself after years of regulatory suppression.
However, he also warned of a potential “rug pull” scenario, advising caution despite his overall optimism.
Scaramucci briefly commented on Trump’s relationship with Elon Musk, describing it as “unsustainable” due to Trump’s resistance to anyone becoming “richer or more famous” than him.
Read Next: Robert Kiyosaki: ‘Trump Will Make America Richer Again By Being The First Bitcoin President’
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