Scaramucci: Lutnick and Bessent have 'Potomac fever' — and I had it too

Watch on YouTube ↗  |  September 02, 2026 at 14:13  |  1:13  |  CNBC
Speakers
Anthony Scaramucci — Founder & Managing Partner, SkyBridge Capital

Summary

Anthony Scaramucci describes 'Potomac fever' as the belief that smart Wall Street outsiders can go to Washington and fix it, only to be changed by Washington instead. He says he had it during his 11-day White House stint, and that Scott Bessent and Howard Lutnick have it now. The clip is political and personality commentary with no explicit investable market or trading call.

  • Scaramucci defines 'Potomac fever' as Wall Streeters believing they can fix Washington.
  • He argues Washington changes newcomers more than newcomers change Washington.
  • Scaramucci says he had the condition during his own short White House role.
  • He names Scott Bessent and Howard Lutnick as current examples.
  • Symptoms include ego attachment to insider status, motorcades, and Secret Service protection.
  • The discussion contains no explicit security, sector, commodity, or investable market view.
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