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Anthony Scaramucci Points To Trump's Diminishing Approval Ratings, Bitcoin Bull Warns Republicans About Midterms Defeat 'If They Don't Change Course'

By Sarah Mitchell

about 20 hours ago

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Anthony Scaramucci Points To Trump's Diminishing Approval Ratings, Bitcoin Bull Warns Republicans About Midterms Defeat 'If They Don't Change Course'

Anthony Scaramucci warned Republicans of a midterm defeat due to President Trump's declining approval ratings, citing a CNN poll showing drops across demographics. Despite broad criticisms, he praised Trump's cryptocurrency policies as superior to alternatives.

NEW YORK — Anthony Scaramucci, the financier and former White House communications director under President Donald Trump, issued a stark warning to Republicans on Monday, predicting a crushing defeat for the party in the upcoming midterm elections unless they alter their course. Scaramucci, founder of SkyBridge Capital, attributed the potential downfall to Trump's plummeting approval ratings, which he described as reaching record lows amid allegations of corruption and unfulfilled promises.

Speaking out on the social media platform X, formerly known as Twitter, Scaramucci did not hold back in his criticism of the president. "President Trump is deeply unpopular. He has failed to deliver on campaign promises while engaging in deep corruption and Epstein cover-up," Scaramucci wrote, referencing the late financier and convicted sex offender Jeffrey Epstein, with whom Trump had social ties in the past. Trump has repeatedly denied any involvement in Epstein's crimes, stating that he severed contact with him more than a decade ago and expressing shock at Epstein's actions.

The timing of Scaramucci's comments coincides with the release of a new CNN poll that underscores the erosion of Trump's support across key demographics. Conducted online among a random national sample of 2,496 U.S. adults, the survey revealed that only 26 percent of independent voters now approve of Trump's policies, marking a 15-point decline over the past year. Among white Americans, approval fell to 45 percent from 55 percent as of February 2025, while support from Republicans dipped from 90 percent to 82 percent. Overall, Trump's approval rating among American adults has dropped to 36 percent, down from 48 percent a year earlier.

Scaramucci highlighted these figures as a harbinger of electoral doom for the GOP. "Republicans will get destroyed in mid-terms if they don’t change course," he reiterated in his post, urging party members to heed the polling data before it's too late. The midterms, set for November 2026, will determine control of Congress and could significantly impact Trump's legislative agenda in the latter half of his second term.

Scaramucci's outspokenness is not new; he served briefly as Trump's communications director in 2017 before a highly publicized fallout that led to his resignation after just 10 days. Since then, he has positioned himself as a vocal critic of the president, often using his platform in finance and media to comment on political matters. His firm, SkyBridge Capital, has been at the forefront of cryptocurrency investments, which ties into another aspect of his recent commentary on Trump.

Despite his broad criticisms, Scaramucci has carved out an area of praise for the Trump administration's approach to digital assets. Earlier this year, he stated that the Trump administration is "far better" for cryptocurrency than what a potential administration led by Joe Biden or Kamala Harris would offer. This endorsement comes as the crypto industry navigates regulatory uncertainties, with proponents arguing that Trump's deregulatory stance could foster innovation in the sector.

The CNN poll's findings align with a broader trend observed in recent surveys from other outlets, though specifics vary. For instance, while independents show the sharpest decline, the drop among core Republican voters, albeit smaller, signals potential cracks in the party's base enthusiasm. Political analysts have noted that midterm elections historically serve as referendums on the sitting president, and low approval ratings often correlate with losses for the incumbent party.

Trump's team has dismissed such polls as biased or unrepresentative, a common refrain from the White House. In response to past criticisms involving Epstein, Trump has emphasized his administration's efforts to combat human trafficking and sex crimes, pointing to executive actions taken early in his second term. However, the allegations of a cover-up, as raised by Scaramucci, remain unproven and have been fueled by ongoing legal scrutiny and media reports surrounding Epstein's associates.

Scaramucci's warning resonates in a political landscape where Republicans hold slim majorities in both chambers of Congress following the 2024 elections. Control of the House and Senate could shift dramatically if voter turnout mirrors the discontent captured in the poll. GOP strategists, speaking anonymously, have expressed concerns about complacency among voters who supported Trump in 2024 but are now disillusioned by economic pressures and policy gridlock.

Beyond the numbers, Scaramucci's remarks touch on deeper frustrations within the Republican Party. His reference to unfulfilled campaign promises likely alludes to issues like infrastructure overhaul, healthcare reform, and immigration enforcement, areas where progress has been slower than anticipated. The Epstein mention adds a layer of scandal that has dogged Trump since his first term, with court documents and witness testimonies periodically resurfacing in public discourse.

In the cryptocurrency realm, Scaramucci's support for Trump's policies contrasts with his overall pessimism. He has advocated for lighter regulations to bolster Bitcoin and other digital currencies, arguing that the administration's hands-off approach has already attracted institutional investment to platforms like SkyBridge. This duality—criticizing Trump personally while endorsing specific policies—highlights the complex allegiances within the GOP's evolving coalition, which now includes a growing libertarian-leaning crypto faction.

As the midterms approach, Scaramucci's prediction could galvanize internal debates within the Republican Party. Some party elders have called for a course correction, focusing on economic recovery and unity, while Trump loyalists maintain that his base remains solid. The CNN poll, released on February 26, 2026, provides a snapshot at a critical juncture, just months before primary season ramps up.

Looking ahead, the implications of these approval ratings extend beyond 2026. A midterm rout could hamstring Trump's agenda, from tax cuts to foreign policy initiatives, and embolden Democrats in their push for investigations into executive actions. Scaramucci, ever the provocateur, has positioned himself as a Cassandra figure, warning of perils that others might ignore at their own risk.

For now, the political winds appear to be shifting against the president, as evidenced by the data and dissenting voices like Scaramucci's. Whether Republicans heed the call remains to be seen, but the stakes could not be higher as the nation heads toward another pivotal election cycle.

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