Key Words: Anthony Scaramucci says White House’s turnover rate is typical of a startup

‘The president is an entrepreneur, and this kind of turnover is common in early-stage startups.’

That’s Anthony Scaramucci, the Wall Street guy and briefly last summer the communications director for the Trump White House, seeking either to contextualize or normalize in a Wall Street Journal interview the rate of firings and other departures from the executive branch under President Donald Trump.

If communications director Hope Hicks, who left the White House this week, is replaced (and there reportedly are Trump allies counseling the president he could act as his own communications director and perhaps his own chief of staff, too, were John Kelly to be shown the door), the next person to take up that post would be — depending on the metric employed — the fourth, fifth or sixth incumbent. Along with Hicks, other recent administration departures include Veteran Affairs Secretary David Shulkin, Secretary of State Rex Tillerson and presidential secretary Rob Porter. Shulkin and Tillerson reportedly learned of their sackings via Twitter.

Trump was inaugurated 435 days ago.

Key Words: Honesty? Transparency? ‘We don’t even have a coherent strategy to obfuscate’

Filed in: Top News Tags: 

You might like:

Market Extra: Bond market’s inflation gauge slides to lowest since Oct. 2017 as Fed meeting gets underway Market Extra: Bond market’s inflation gauge slides to lowest since Oct. 2017 as Fed meeting gets underway
Earnings Results: Micron shares drop as sales outlook falls $1 billion short of Wall Street target Earnings Results: Micron shares drop as sales outlook falls $1 billion short of Wall Street target
NewsWatch: Mnuchin thinks there’s a simple reason the Dow is poised for its worst December since 1931 NewsWatch: Mnuchin thinks there’s a simple reason the Dow is poised for its worst December since 1931
The Wall Street Journal: Judge softens his stance that CVS may have to halt Aetna integration The Wall Street Journal: Judge softens his stance that CVS may have to halt Aetna integration
Bond Report: 10-year government yield hits nearly 4-month low near 2.80% as Treasurys rally Bond Report: 10-year government yield hits nearly 4-month low near 2.80% as Treasurys rally
Outside the Box: It’s still possible to give to charity and save on your taxes Outside the Box: It’s still possible to give to charity and save on your taxes
The Wall Street Journal: Another apology from Facebook, as Sheryl Sandberg says it must do more to protect users The Wall Street Journal: Another apology from Facebook, as Sheryl Sandberg says it must do more to protect users
Currencies: Dollar struggles ahead of last Fed decision of 2018; commodity currencies crash Currencies: Dollar struggles ahead of last Fed decision of 2018; commodity currencies crash

Leave a Reply

Submit Comment
© 2018 Stock Investors News. All rights reserved. XHTML / CSS Valid.