Founder, SkyBridge Capital
"I like Newsom!" | Anthony Scaramucci predicts the 2028 election…
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About Anthony Scaramucci
Anthony Scaramucci, founder and managing partner of SkyBridge Capital, has been a frequent commentator on financial markets, cryptocurrency, and U.S. politics. He has expressed a bullish outlook on Bitcoin, stating that it is in a "self-fulfilling prophecy zone" as a store of value and predicting a rally through its all-time high by the end of 2026. Scaramucci described the current crypto bear market as cyclical and consistent with Bitcoin's four-year halving cycle, and he said he continues to buy Bitcoin monthly regardless of price. He has also discussed the potential for tokenization in capital markets and criticized the Trump administration's "Trumpcoin" meme coin, saying it left a "poor taste" and damaged the political prospects for crypto legislation. Scaramucci has been sharply critical of President Donald Trump and his administration. He described Trump's disclosure of over 3,700 trades as "disgusting" and "probably legal," and accused the president of insider trading. He predicted that Trump will "end up destroying the careers" of Marco Rubio and J.D. Vance, and characterized Trump as a "Shakespearean elderly, tragic figure." Scaramucci has also commented on the broader political landscape, stating that the Trump era is ending and that the country needs "transformational leaders" to address economic anxiety and political corruption. He expressed support for California Governor Gavin Newsom and predicted Democratic electoral success in the 2026 midterms and the 2028 presidential election.
Transcript (81 segments)
✨ AI-enhanced transcript with speaker attribution
I
Interviewer0:00
I will stipulate this to you though. Okay, I want you to hold me to this, okay?
A
Anthony Scaramucci0:03
Yeah. Marco Rubio and J.D. Vance will never be president. Okay, and you watch what happens to them because they're going to go into the... Remember the movie Fargo? They're going to go into the Trump wood chipper before this is over, okay?
I
Interviewer0:17
Of course.
A
Anthony Scaramucci0:17
And if you think they're going to be president, pick up the phone and call Mike Pence and ask him how his career is going post-Trump. Trump is a Shakespearean elderly, tragic figure and he will melee those two guys.
I
Interviewer0:31
No, there's no... I don't disagree. I don't. So, I don't know. They made those bets. Both Vance and Rubio made the bet to be with him rather than oppose them.
Political expediency. And they both opposed him at first, which is interesting.
A
Anthony Scaramucci0:44
Yeah.
I
Interviewer0:45
Well, everybody did.
A
Anthony Scaramucci0:46
You know, I opposed him and then I decided to go work for him and then I tried to praise him. And by the way, you know, praising him doesn't work. Ask Marjorie Taylor Greene. Everything ends with Trump like Marjorie Taylor Greene, okay? He ended up having to leave the...
I
Interviewer1:01
Say this, every relationship ends badly with him.
A
Anthony Scaramucci1:03
No, no question. And everybody dislikes him. If you're in his inner circle...
I
Interviewer1:07
Mhm.
A
Anthony Scaramucci1:08
You don't like the person, okay? You'll pretend for the camera, you'll pretend your staff like him, but you're telling your wife this guy blows.
And there's a cycle. I've always said there's a shelf life of being in the Trump inner circle. In his business life, it was about 6 years. People just after about year six was gone. Michael Cohen lasted about six or seven years. Like it's about six or seven years.
I
Interviewer1:30
Burns everybody out.
A
Anthony Scaramucci1:31
And there's a reason why there's an entirely new team around him for the second term.
I
Interviewer1:35
That's the most fascinating thing about him though, despite burning people, there's always a willing participant to get on the Trump merry-go-round. You know, it starts out with the MAGA hat and it ends with a knife plunge in your back as you're going around the carousel. And you know, he's that's him, you know, and that but you know, listen, his time is ending and I predict there will be an intellectual civil war in the Republican Party and it's not clear to me that traditional Republicanism is completely dead even though they all claim it is down deep they don't feel that they can do the things that Trump does with Putin. But we may go in a direction that will look familiar but it'll be different. Exactly but I don't think it's going to be pure Maga as defined by Donald Trump. It'll be something different.
You strike me as being way too knowledgeable about what's going on in politics not to dabble again. You think you'll dabble again?
A
Anthony Scaramucci2:31
Well, I would never run for office because if you run for office then you got to become a liar, okay? And I by the way, I'm...
I
Interviewer2:37
[laughter]
A
Anthony Scaramucci2:37
As you know, I'm a liar. You're actually incapable of... I've known you a long time. You're incapable of lying. Trust my wife, I'm very capable of lying but we have to remember some. I happen to also be running for re-election in my marriage. I mean I don't know if you remember my marital problems when I was working for Trump but but you know, we're happily married. Thank God. I'd like to stay happily married. But if you said to me as I get a little older if there's a candidate who's won an office and they asked me for help I'd be willing to do that. Sure. I'm open-minded to that.
I
Interviewer3:06
Give me...
A
Anthony Scaramucci3:07
I don't see myself running for office.
I
Interviewer3:08
Give me two Republicans or two Democrats and two Democrats that you think you could support in 2028.
A
Anthony Scaramucci3:14
Well, I think Newsom... I don't know if I have two Democrats because I am a Republican but I like Newsom. I like what Newsom is doing. I've spent a lot of time with Gavin. I did his podcast. I respect him and I think he's done a better job than he's been marketed as in California.
I
Interviewer3:31
And so I think the California brand politically is a hard brand for him to get out from under.
A
Anthony Scaramucci3:37
There's no question the Republicans have done a massive job of slaying California and he didn't rebut it. It's the...
I
Interviewer3:43
Look, I'm a skeptic that a San Francisco Democrat can carry the state of Michigan.
A
Anthony Scaramucci3:47
He's the fourth largest economy in the world, okay? And so he may not be able to do that. But, I think he is probably if I were them, he would be the type of person I would want in the mix.
I
Interviewer4:00
Right.
A
Anthony Scaramucci4:00
Uh maybe it'll be a younger guy. Maybe there's an Obama out there or a Bill Clinton out there that I don't see. I'm not a Democrat.
I
Interviewer4:07
Yeah.
A
Anthony Scaramucci4:07
On the Republican side, I think it's very, very tough because these guys have become slaves to Donald Trump. They all hate him.
I
Interviewer4:17
Don't you think it's going to... If Democrats sweep in '26, do you start to see a lot more Republicans break from Trump?
A
Anthony Scaramucci4:22
Yeah.
I
Interviewer4:24
Do you start to see a lot more Republicans break from Trump?
A
Anthony Scaramucci4:26
They're already starting to break from Donald Trump.
I
Interviewer4:27
Yeah.
A
Anthony Scaramucci4:28
The Trump era is ending.
I
Interviewer4:29
Yeah, we're in the coda, yeah.
A
Anthony Scaramucci4:32
He knows that. That's why he's acting crazier and crazier. Trust me, he's going to go out like a Roman candle. He's not going to go out quietly. Wait till after the midterms.
I
Interviewer4:40
One of my favorite movie lines, everything ends badly or else it wouldn't end.
A
Anthony Scaramucci4:43
Right, exactly. He's going to make it end badly, trust me, because that's his personality. He wouldn't want it any other way. I said to you before we started the cameras, and you agreed with this, that he is the type of person that would like the Republicans to lose so he could say, 'You were nothing without me, and now you're nothing again.'
I
Interviewer5:00
Republican ever to be elected president of the United States.
A
Anthony Scaramucci5:03
With that.
I
Interviewer5:03
What are your politics these days?
A
Anthony Scaramucci5:06
A centrist Republican. Always been a centrist Republican. You remember, I grew up in an Italian family on Long Island. I don't know if you'd remember Joe Margiotta.
I
Interviewer5:15
Always was Republican. Long Island was Republican really until Bill Clinton.
A
Anthony Scaramucci5:19
Yeah, I don't know if you remember Joe Margiotta, but that name... Margiotta was the head of the Republican Committee for Nassau County.
I
Interviewer5:26
Yeah.
A
Anthony Scaramucci5:27
That machine created Al D'Amato.
I
Interviewer5:30
Yeah.
A
Anthony Scaramucci5:30
It created a lot of...
I
Interviewer5:32
Next door to the Molinaris.
A
Anthony Scaramucci5:34
Yeah.
I
Interviewer5:34
Molinaris were Staten Island people.
A
Anthony Scaramucci5:36
Next door, yeah. But he was very friendly with that whole... He's very friendly with the Molinaris. You probably wouldn't remember John LaBoutillier, but he was our rep from out there.
I
Interviewer5:44
I know the name.
A
Anthony Scaramucci5:45
Rick Lazio. All of these guys came from the machinery.
I
Interviewer5:49
Yeah.
A
Anthony Scaramucci5:49
He controlled my dad's union. And so when I registered to vote in 1982 and registered for selective service, my father told me I was a Republican. But as I evolved my political philosophy, I was like, okay, I want to be pro-business, but I want to be accepting and inclusive socially of other human beings.
I
Interviewer6:09
Either party speaks to you these days?
A
Anthony Scaramucci6:11
No. No, neither party speaks to me. They become very extreme because they got fat and happy.
I
Interviewer6:19
Yeah.
A
Anthony Scaramucci6:19
Okay, they did something after the Ross Perot election that we should really study. They got scared of Ross.
I
Interviewer6:24
Yep.
A
Anthony Scaramucci6:25
And they tightened up their duopoly. And then they allowed each other to gerrymander. And so now we have fossils running the country, you know, Grassley's 92, Trump is 80, Pelosi's going to be 85, although finally she said she's going to retire.
I
Interviewer6:40
Mhm.
A
Anthony Scaramucci6:40
I guess Schumer's going to probably try to go until he's 150. And so what happens is you have a 14, 15% approval rating for the Congress, but you have a 95% re-election rate for the incumbent. So it's a failed system. Imagine you were the chef here at this restaurant and you were getting Yelp ratings like our Congress.
I
Interviewer6:59
Yeah.
A
Anthony Scaramucci7:00
But yet they keep hiring the chef back, right? So this is the system. They broke the system.
I
Interviewer7:06
Mhm.
A
Anthony Scaramucci7:07
And then they got aggressively complacent with the system. And then they layered on Citizens United. And so now the money is uber alles over the people. Just look at the big beautiful spending bill and how that hurt the people.
I
Interviewer7:20
If Japan's got a bad economy, how do we expect to have a good one, right? I mean, is it that is not the way the world's going to work anymore that if other countries suffer because of our tariffs, it's somehow we're going to thrive.
A
Anthony Scaramucci7:33
Yeah, but then you don't really understand MAGA, right? Because what do they want to do? They want to wall off physically and metaphorically the United States from the rest of the world from an immigration perspective or manufacturing perspective. They want to take America back to the 1890s. He always talks about McKinley.
I
Interviewer7:50
No, right?
A
Anthony Scaramucci7:51
And he wants an America where 97% of what we produce is consumed inside of America. And this is...
I
Interviewer7:59
Way, in 1890 that did make sense.
A
Anthony Scaramucci8:01
Exactly.
I
Interviewer8:02
Some sense in 1890. It doesn't make sense today.
A
Anthony Scaramucci8:04
It does now. It's a Brexit for America or it's an Amexit of America from the rest of the world. And go look at what happened when the UK Brexited, lower living standards, lower living standards for the poor, a slower shrinking economy. And so, why they want to do this, it has to do with nationalism. It has to do with populism. And it's a very strong aphrodisiac when you're angry. But we need different types of leaders now. We need more transformational leaders who can speak to American aspiration and try to pull the country back together.