Scaramucci Struggles to Spin a Trump Tax Break Into Profit for Clients

Trump Signs 'Big, Beautiful Bill' at July 4th Ceremony

Anthony Scaramucci is struggling to spin one of President Donald Trump’s big tax breaks into a profit for his wealthy clients. Yet “the Mooch,” as he’s known on Wall Street, keeps getting paid his fees.

The hedge fund manager known for his 10-day stint as White House communications director in 2017 promised wealthy investors that he could help them take advantage of Trump’s signature program for spurring projects in low-income communities, dubbed opportunity zones.