According to Politico, Anthony Scaramucci “still stands to profit” from his ownership stake in a hedge fund he founded in 2005 despite his assertion that his financial portfolio would be “totally cleansed” of conflicts of interest before he assumed a full-time role as communications director at the White House. During a July 21 press conference in which Scaramucci announced his new role in the Trump administration, he claimed that the position would not be encumbered by conflicts of interest tied to his previous business dealings.