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Evan Vucci / AP

President Trump is expected to announce that Wall Street financier Anthony Scaramucci will be White House communications director, according to two sources familiar with the planning.

Trump has left the role open since Mike Dubke resigned in May, and the President has vented frequently to his friends about the performance of his press operation.

Trump's plans to appoint Scaramucci came as a surprise to Chief of Staff Reince Priebus, who found out after the plans had already been made.

"Mooch," as he's known to friends, is a major Republican donor who supported Trump during the general election campaign — after fundraising during the primaries for Scott Walker and Jeb Bush. He frequently appears on Fox News and is a longtime friend of Sean Hannity.

Scaramucci recently sold his stake in his hedge fund, SkyBridge Capital, but was left stranded after an initially planned job in the White House didn't materialize.

Scaramucci is currently working at the Export-Import Bank but he's expected to leave that administration post to take the communications director job. Spicer has been handling the communications director's duties since Dubke left. The President has frequently disparaged Spicer's performance to friends and associates, but he does that with many of his staff. He also says Spicer is a "nice guy," who gets unfairly beaten up by the press. Spicer is expected to stay on, though it's unclear how his responsibilities will fit alongside Scaramucci's.

Scaramucci declined to comment.

Go deeper

1 hour ago - World

Pentagon: 8,500 troops on high alert for possible deployment to eastern Europe

Photo: Anna Moneymaker/Getty Images

Defense Secretary Lloyd Austin has placed 8,500 U.S. troops on "heightened preparedness to deploy" to eastern Europe in case NATO activates its rapid-response force over tensions with Russia, the Pentagon announced Monday.

Why it matters: No decisions have been made to actually deploy U.S. forces, but the heightened alert level will allow the military to rapidly shore up NATO's eastern flank in the event that Russia invades Ukraine. The Pentagon warned that Russia has shown "no signs of de-escalating," and continues to amass troops on Ukraine's borders.

Updated 2 hours ago - Economy & Business

S&P 500 on track for worst-ever start to year

Data: FactSet; Chart: Axios Visuals

Stocks suffered their steepest drop of the year early Monday, putting the S&P 500 on course for its worst-ever start to a year.

Driving the news: The benchmark S&P 500 dropped for its fifth straight day, with losses nearing 3% in early trading, momentarily putting it on track to fall into a "correction." Some of the steepest losses were recovered in early afternoon trading.

Tina Reed, author of Vitals
3 hours ago - Health

Health care workers hit new breaking point

Illustration: Shoshana Gordon/Axios

The ranks of health care workers are dwindling and stretching what it means to be reaching their "breaking points," particularly at small nonprofit hospitals.

The big picture: Even as Omicron cases have begun to wane in some places, many hospitals are still fielding a crush of patients amid record employee callouts.