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Pivot

The Cost of Corporate Silence on ICE, Trump's Health, and TikTok USA

27 Jan 2026

Transcription

Chapter 1: Why are business leaders silent about ICE violence in Minneapolis?

1.33 - 20.216 Cara Swisher

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20.356 - 39.96 Cara Swisher

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43.602 - 58.658 Anthony Scaramucci

You know I don't give a shit. I'm ready to fight, you know, because I grew up here on Long Island. We were doing push-ups in the parking lot outside of discos, getting ready to fight people, okay? I don't give a shit. I will fight Trump every step of the way.

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61.085 - 80.09 Cara Swisher

Hi, everyone. This is Pivot from New York Magazine and the Vox Media Podcast Network. I'm Cara Swisher. Scott is somewhere on a plane. We did an emergency pod yesterday, and I'm glad you all listened to it. We thought it was critical to do it. So today I'm joined by a friend of the pod, the one, the only, Anthony Scaramucci, also known as the Mooch. Anthony, welcome.

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80.35 - 89.202 Anthony Scaramucci

Cara, it's good to be here. Thanks for having me. And I saw Scott last week in Davos. I enjoyed his commentary, and I enjoy your commentary.

89.333 - 96.589 Cara Swisher

Thank you, Anthony. Anyway, I'm going to call you Anthony, not the Mooch anymore. Okay. I like that better. You sit up straight when I say Anthony.

96.609 - 102.502 Anthony Scaramucci

I'm sitting up straight. You yelled at me before we started to sit up straight. Thanks, Mom. Anytime.

102.943 - 119.837 Cara Swisher

But we are in a serious zone today. And actually, I'm glad to have you here because I do want to talk about business people and their reaction to what's happening. in Minnesota and elsewhere. But before we do anything, I'd like to point out that as the episode drops, it's been 39 days since the deadline passed for the DHA to release all the Epstein files.

Chapter 2: What health concerns did Trump raise during his recent interview?

120.418 - 143.469 Cara Swisher

Again, Pam Bondi is in violation of a law, and they have not released them. And Part of this, what's happening, has to do with this, too. So let's not forget that they are out there and probably, as someone noted on one of the social media sites, they're safer than anything in America right now are the Epstein files. Anyway, we've got a lot to discuss, so let's get to it.

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144.29 - 165.018 Cara Swisher

Donald Trump says his administration is reviewing everything surrounding the shooting of 37-year-old ICU nurse Alex Preddy in Minneapolis this weekend. He's also now sending his border czar, Tom Holman, to Minneapolis. The leading GOP candidate for Minnesota governor just dropped out of the race, saying he can't support the National Republican retribution on the citizens of his state.

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165.038 - 182.065 Cara Swisher

And as we record, a federal judge is hearing arguments on temporarily halting the immigration crackdown in Minnesota. On the latest episode of On with Kara Swisher, I spoke with Minneapolis Mayor Jacob Frey. This was before the Alex Preddy shooting, but Frey knew another incident was inevitable. Let's listen.

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182.568 - 203.698 Jacob Frey

for over a month before Rene Good was shot, the chief of police and I were both privately and publicly expressing concerns that somebody was going to get shot or killed, that either a civilian, a resident, a police officer, or an ICE agent was going to get shot and killed. And tragically, that happened. And then it happened again. And by the way,

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203.678 - 222.519 Jacob Frey

It's going to happen again on top of that because this is the kind of conduct that we're seeing that inevitably will lead to people getting hurt. It's deeply concerning. But it's not just Minneapolis that should be concerned right now.

222.86 - 237.162 Jacob Frey

I have a deep concern for the endurance of our republic when the constitutional norms and these mainstays of good governing principles are thrown in the trash can.

238.272 - 258.411 Cara Swisher

Unfortunately, he was pressy, and although I think a lot of people did understand the escalating tensions there, I'll also note I've been calling out CEOs for their silence on this. As comedian Steve Hofstadter put it on threads, if speaking out against fascism damages your brand, that means your brand is fascism. But since our last recording, some execs are speaking out, at least in Minnesota.

258.431 - 275.69 Cara Swisher

On Sunday, more than 60 CEOs of Minnesota-based companies, including Target, Best Buy, and 3M, released a letter calling for de-escalation. It took them long enough. And more than 450 tech workers from Google, Meta, OpenAI, and other companies have signed a letter urging CEOs to demand ICE leave cities and cancel company contracts with ICE.

276.591 - 294.493 Cara Swisher

Scott and I talked about what happened this weekend as a turning point. Anthony, I'd love your thoughts on this because, again, you were just at Davos, tons of business leaders. You obviously are tuned into the political system. You are a Republican who is turned away from the Republican Party very early, I would add. Talk about what is happening here.

Chapter 3: How are CEOs responding to the situation in Minnesota?

336.737 - 338.939 Anthony Scaramucci

Yeah, exactly. But it's a conspiracy.

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339.019 - 344.824 Cara Swisher

It is the greatest issue our nation faces, a group of people who committed fraud. You should just look at the White House on any given day. But go ahead.

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344.804 - 361.134 Anthony Scaramucci

I understand the pushback and we can talk about the Democrats, how they should be responding better to it. But I want you to understand what they're doing. So they're sitting there saying, OK, this is great. We're going to send the ICE people up there. They're going to rough these people up. And this is going to be great for our culture war.

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361.194 - 383.033 Anthony Scaramucci

We're going to send a signal to our red meat eating law abiding people that. That we're getting tough on people, particularly in the blue states where they're doing, quote unquote, all the fraud. Now, they send inexperienced ICE agents up there. And we saw the videos and Trump saw the videos, which is why he's panicked. And they murdered the guy. I mean, that's basically what happened.

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383.053 - 391.248 Anthony Scaramucci

And now the whole thing is blown back on them. And so this media imagery that they were looking for has been a negative media imagery. Mm-hmm.

391.268 - 393.232 Cara Swisher

So just pictures. You're saying just photos.

393.393 - 415.848 Anthony Scaramucci

Yeah, they wanted a Fox News day of programming where the day's set from the A block for 12 hours. Look at the Trump administration, how tough-ass they are. In action. In action. We're defending the republic against fraud, and we're mean, and we're tough, and we're taking five-year-olds because that's what we're supposed to be doing.

415.908 - 437.147 Anthony Scaramucci

And they're tone deaf to the overall optics, and then they created a Kent State-like moment. And for the older listeners, the younger listeners, a National Guardsman shot a student at Kent State, and it flipped the entire political landscape at that time. And so what's happening here is the landscape is starting to flip.

437.127 - 464.321 Anthony Scaramucci

But concomitant to this is the chilling effect that Donald Trump and his Department of Justice and his jackbooted people have on business leaders. So... Hear me out for a second. If you're on a corporate board and you have a public CEO, you're telling the guy or the woman, chill out, take a back seat. There's 1,000 days left for Trump.

Chapter 4: What implications does Trump's health have on his presidency?

478.437 - 486.755 Anthony Scaramucci

Don't overly criticize him because he could do damage to our long-term brand and damage to our long-term stock market performance.

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486.835 - 488.018 Unknown

Okay, and that's up- Short term, actually.

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488.038 - 511.736 Anthony Scaramucci

Short term, short term. But that's up against the stuff that you just said about your brand is fascism, okay? So the mistake that they're all making is, is you have to reject Donald Trump. If you don't flex on Donald Trump and reject Donald Trump, you'll be at a disadvantage. He'll continue to roll you. European leaders, wake up. Business leaders, wake up.

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512.297 - 533.875 Anthony Scaramucci

Somebody pick up the phone and call Mark Carney, the prime minister of Canada, and get some executive coaching. Some leadership coaching from him because he gets it. OK, you know, Newsom is close, by the way. Newsom would be number two in terms of getting it. You have to shove and push Trump back if you're going to get any respect from Donald Trump.

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533.855 - 555.408 Cara Swisher

Can I ask you, you were at Davos. Let me just say, I talked to them behind the scenes, including people that are close to Trump. Let me just say, like, so close they could be on the other side of him. They abhor him. It's really, at one point, it was with two people. I ran into them on a plane, and they spent 20 minutes trying to tell me, you know, we really can't stand him.

555.428 - 573.691 Cara Swisher

And I go, you need to shut the fuck up if you're not going to say it publicly. Right. Because I don't, you're not going to win my love because what you're doing is so complicit. And so talk a little bit about that because you're at Davos. They obviously, do they still shrug and say, because initially it was sort of the shruggies with business. We'll have to deal with it and then he'll be gone.

573.751 - 577.896 Cara Swisher

Like this will, this too will pass. Has that, did that change at all?

577.997 - 605.699 Anthony Scaramucci

It's gotten worse. It's gotten worse. It's gotten worse. Tell me why. Because he's willing to do things that other politicians were not willing to do. He's willing to fudge the Constitution. He's willing to overstep. He's willing to detain you at the airport. He's willing to put a sanction against your business. He's willing to do things that are outside of the realm of due process, right?

605.719 - 608.023 Anthony Scaramucci

So you have to remember to be in a safe environment,

Chapter 5: What recent developments have occurred with TikTok's operations in the U.S.?

608.003 - 630.803 Anthony Scaramucci

and free society, you have to be subordinate to a set of laws and you have to have due process. Did the young man that was murdered this past weekend have due process? No, he did not. They made a decision to murder him indiscriminately, okay? That's authoritarianism. When leaders are turning guns on their citizens, They care more about power than they do their citizens, right?

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631.243 - 653.562 Anthony Scaramucci

And so these corporate leaders are making a very big mistake. They're kowtowing to Trump because they feel he's got all the power and he's going to use the power in an unpredictable, indiscriminate way to hurt them. But if they were smarter, they would all team up. The Fortune 50 would team up like the 60 CEOs in Minnesota, right? And they say, hey, listen, I'm sorry, guy.

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653.602 - 665.113 Anthony Scaramucci

We're not going to take this anymore. We're going to flood the zone for democratic donations. We're going to try to get rid of your regime. And he's one man standing. You see, this is the problem.

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665.133 - 667.916 Cara Swisher

So why don't they do that? Where are they from?

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668.016 - 678.966 Anthony Scaramucci

They don't do that because they're operating in their own silos. Okay. And so when you operate in your own silo, Cara, you go to your board and say, what should I do? And they say, get out of the way.

678.946 - 682.692 Cara Swisher

Okay, but if you were operating- Either duck or support him.

682.872 - 708.154 Anthony Scaramucci

If the law firm Paul Weiss called 50 other law firms and said, they're coming for me, they're eventually going to come for you, what do we do? And they all teamed up, now they've got a voice, then they can push back, right? If the Fortune 100 got together- like the Minnesota CEOs, you see, he got frightened. I know this son of a bitch. He's a baby. You know, most bullies are, okay?

708.555 - 730.769 Anthony Scaramucci

He looked at the video. He said, holy shit, we murdered the guy, which is why he told the Wall Street Journal last night he's reviewing everything. He called... Governor Walz this morning, and he put out a friendly truth social about Governor Walz because he knows he's in trouble. Okay, now he's got these CEOs. He's looking at that saying, whoa, that's 3M, that's Target. These are big companies.

731.51 - 736.517 Anthony Scaramucci

If they're coming for me and I get wiped out in the midterms, It's over.

Chapter 6: How is TikTok addressing national security concerns?

736.537 - 750.871 Anthony Scaramucci

Okay, or they start to reject Republicanism. I just took a couple billion dollars for myself. I'm going to end up, and my family's going to end up in wild investigations. So you see what he's doing. He's pulling back. That's Trump's nature, okay?

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750.891 - 763.924 Cara Swisher

Let me, let me, and yet they continue. On the day of the shooting, this happened in the morning, all these CEOs, including Tim Cook, who is getting blowback, like you can't believe, for being at this Melania movie. Have you seen it, Anthony?

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764.857 - 769.206 Anthony Scaramucci

The Melania, it's not on my list, actually. But if you see it, you can report back to me.

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769.226 - 771.29 Cara Swisher

It's selling out, according to Donald Trump.

771.31 - 772.432 Anthony Scaramucci

Yeah, of course it is.

772.672 - 780.869 Cara Swisher

It's like a one old lady with Alzheimer's who wandered in, like by accident, is the group of people watching.

780.889 - 806.504 Anthony Scaramucci

I want to tell you something from history that your viewers and listeners should think about. When Chamberlain headed for Munich to discuss with Adolf Hitler his annexation and what was going on there, the German bureaucrats – okay, we discovered this in their diaries – 50, 60, 80 years later, the German bureaucrats were with great relief.

806.985 - 821.707 Anthony Scaramucci

They were writing to each other and in their diaries, oh, this is great. The British Empire is coming to Munich, represented by Neville Chamberlain, and they're going to flex on Adolf Hitler. It's going to scare the daylights out of him, and it's going to knock him out of power.

Chapter 7: What are the potential future challenges for TikTok in the U.S. market?

898.833 - 912.672 Anthony Scaramucci

Whom he's suing. Oh, yeah. Well, let's just talk about this for a second. He said three or four things that Trump did not like. Okay. Number one, he wants the Fed to be independent. He doesn't like the lawsuit and the criminal investigation against Jerome Powell.

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913.393 - 933.342 Anthony Scaramucci

Number two, he said, I'm not giving money to the ballroom because if I give money to the ballroom, the next administration is going to say, hey, jackass, you were trying to blackmail, you know, you were getting blackmailed and you were paying bribe money to the president. So so he's pretty open, pretty honest guy. I full disclosure, I know Jamie personally. I love Jamie.

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933.783 - 955.856 Anthony Scaramucci

I think he's one of the more brilliant financial services executives in our history. So he pretty honest. And then what does Trump do? You can bring the hammer down on him. He's going to bring a five million dollar lawsuit, which, of course, he'll lose. And he's bringing a lawsuit against Jamie personally and the bank. He'll lose the lawsuit. But this is a massive chilling effect. Does it?

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955.876 - 957.919 Cara Swisher

Or would Jamie say, you're going to fucking lose?

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958.5 - 962.666 Anthony Scaramucci

No, no, no. Massive chilling effect. Did you see what he just did to Jamie Dimon?

962.947 - 970.178 Cara Swisher

Yeah, but he didn't do it. Nothing is going to happen. That's the thing. I don't know why they don't get the next step.

970.158 - 989.477 Anthony Scaramucci

You know, you grew up like I did. You know, you're Italian. You don't give a shit. Okay. You know, I don't give a shit. I'm ready to fight. Yeah. You know, because I grew up here on Long Island. We were doing pushups in the parking lot outside of discos, getting ready to fight people. Okay. I don't give a shit. I will fight Trump every step of the way.

Chapter 8: How do the hosts assess the overall impact of Trump's administration on tech companies?

989.538 - 1005.139 Anthony Scaramucci

Okay. Which is probably why he hasn't come after me because he knows, okay, if he sues me, we're going to have a great time. I'm going to pick up a million Twitter followers. Let's go. Okay. These guys are afraid of him because they see themselves as having too much to lose.

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1005.74 - 1013.314 Anthony Scaramucci

But what they're missing is society has too much to lose if they don't get together and they don't coalesce with each other.

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1013.394 - 1036.8 Cara Swisher

I don't even think that. They're going to—I mean, he's suing Capital One, too, for people who don't know. And again, this comes after Diamond warned Trump not to interfere with the Fed and called his proposal, by the way, the third thing, to cap credit interest rates and economic disaster. So he was critical, normally, as any CEO is allowed to be. But I just—he's not—it's like—

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1036.78 - 1052.494 Anthony Scaramucci

He's not going to lose. But Cara, you understand human nature. I've read your books, Byrne book, you understand human nature better than you're letting on. There's an impulsive weakness up against authoritarianism. There is.

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1052.474 - 1058.426 Cara Swisher

I get it. Someone like Jamie Dimon, I'm surprised if he's not pushing back behind the scenes very strongly.

1058.526 - 1061.512 Anthony Scaramucci

Oh, I think he is. Oh, no, no, no. I think he is.

1061.612 - 1064.438 Cara Swisher

He doesn't look like he's easily cowed.

1064.458 - 1081.364 Anthony Scaramucci

No, he's looking at the situation snickering. And he's like, I'm going to wait this guy out, which he's going to do. And he'll win the case, which he will. But it's a message. It's a message to others. You don't want to get in my crosshairs, okay?

1081.964 - 1106.528 Anthony Scaramucci

When a cabinet member from Trump One comes to my office, sits on the sofa and says, listen, most cabinet members are trying to avoid a Trump tweet and some level of humiliation. Why is that, sir? Well, it could be career ruining for us if we do that. No. Okay, but Cara, that's how they think, Cara. I get it.

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