Scaramucci Predicts Trump Trounced in Midterms
Former White House communications director Anthony Scaramucci forecast heavy Republican losses in the midterm elections while CNBC polling showed low marks for the president's economic handling.
Updated on Nov. 3, 2026 in Economic Indicators
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Anthony Scaramucci, who served 10 days as White House communications director in 2017, predicted on CNBC's "Squawk Box Europe" that Donald Trump will be trounced in the midterm elections. He said voters are using the midterms to grade the president.
Why it matters
Scaramucci's forecast comes as a CNBC All-America Economic Survey found Trump's economic approval at an all-time low last month. The White House did not immediately respond to CNBC's request for comment, and previously said Scaramucci's relevance ended almost a decade ago.
CNBC's All-America Economic Survey found 65% of respondents disapproved of Trump's handling of the economy and 80% rated the economy as fair or poor. The survey's full methodology and sample size were not included in the extraction, and the midterm outcome remains unknown.
The players
Anthony Scaramucci
Scaramucci is a financier who founded SkyBridge Capital and briefly served as White House communications director in 2017.
CNBC
CNBC is a U.S. business news network that conducts the All-America Economic Survey and hosts "Squawk Box Europe."
The details
Scaramucci made the prediction on CNBC's "Squawk Box Europe," arguing that if Democrats win the midterms, Congress will quickly turn its attention to the administration. He also said the Republican Party will face an intellectual civil war over its direction.
Timeline
2017: Scaramucci served 10 days as White House communications director.
October 2026: Trump's economic approval hit an all-time low in the CNBC poll.
November 3, 2026: Scaramucci made his midterm prediction on CNBC and the midterm elections were held.
Macro View
The CNBC All-America Economic Survey's record of low economic approval for Trump is now being read as a leading indicator for the midterms, extending a pattern of public economic sentiment shaping electoral outcomes. The extraction does not establish how this trend compares to prior midterm cycles.
Public economic sentiment, as measured in CNBC's survey, shapes how voters judge the president's handling of costs and jobs at the ballot box. Households tracking prices and paychecks may see these midterm signals as a gauge of where policy direction could head next.
The takeaway
Economic sentiment polling and midterm forecasts both reflect how voters weigh cost-of-living concerns against the president's record. Watching multiple indicators rather than a single forecast gives a clearer picture of where public opinion is heading.
Further reading
Track the latest signals in the Economic Indicators section for context on sentiment and data behind this story.
Source note: This article includes information reported by Raw Story.
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