It appears there are business reasons as well as political ones behind Bannon’s fall from grace in the administration of President Donald Trump.
A big reason why Trump’s three eldest children — Donald Jr., Eric, and Ivanka — have joined son-in-law Jared Kushner in pushing for Bannon’s ouster is that they are displeased with how the failures of Trump’s early weeks have impacted the family brand, according to a report by The Washington Post. Even as the Trump sons travel the world to expand the Trump business empire at taxpayer expense, they find themselves worrying that the Trump name is losing its luster — and with it, their ability to build more hotels and engage in other potentially lucrative real estate ventures.
This could at least in part explain why Trump publicly humiliated Bannon in a recent New York Post interview. Bannon is now struggling to keep not only his influence in the Trump administration but even his job, according to the Washington Post. As former House Speaker Newt Gingrich (who is a close adviser to Trump) told the paper, “Bannon is a brilliant pirate who has had a huge impact. But White Houses, in the end, are like the U.S. Navy — corporate structures and very hard on pirates.”
The impetus behind Bannon’s waning influence is the chief strategist’s ongoing feud with Trump’s son-in-law and close adviser Jared Kushner. Joined by Kushner’s wife Ivanka, economic adviser Gary Cohn, and deputy national security adviser Dina Powell, the four represent an attempt to push the Trump administration’s more toward the center, according to…
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