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Fortune
Fortune
Nick Lichtenberg, Eva Roytburg

Anthony Scaramucci thinks Trump's 'hard-left' move to cap credit-card fees is because he's 'texting back and forth with Mayor Mamdani'

scaramucci (Credit: Stefan Wermuth/Bloomberg via Getty Images)

In a provocative assessment of the current political landscape, former White House Communications Director Anthony Scaramucci claims President Donald Trump has entered a “full nihilism mode,” evidenced by a recent proposal to cap credit-card interest rates at 10%. Speaking on his podcast, The Rest Is Politics US, Scaramucci characterized the move as a “hard-left populist” maneuver that aligns more closely with democratic socialists than traditional Republican orthodoxy.

Scaramucci suggested the policy shift is so radical it feels as though Trump is “texting back and forth with Mayor Mamdani,” referencing recent reporting in Axios that Trump and the recently elected democratic socialist mayor of New York City, Zohran Mamdani, have been texting since they met at the White House in November.

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