Last Friday, the White House announced that in its never-ending effort to shake things up, it was giving its top communications job to a man with zero communications experience: Wall Street financier Anthony Scaramucci. The appointment was seen within Trumpworld as a big win for Trump, who has been itching for a bolder, more bare-knuckled approach to combatting the Russia scandal darkening his administration. It also had the almost-certainly-intended side benefit of humiliating Reince Priebus and Sean Spicer, the latter of whom promptly resigned. (Also in the losers column was Steve Bannon, who was said to have resisted Scaramucci’s appointment, but wisely took his licks and moved on after another Jivanka coup.)

In the Mooch’s first press conference Friday, and in subsequent interviews over the weekend, it was immediately clear why Trump wanted the former hedge-fund manager in his corner: not only is Scaramucci alarmingly slick, he is also unswervingly loyal. When he initially lost a West Wing job that had been promised to him, back in February, for which he had agreed to sell his beloved stake in SkyBridge Capital, his enthusiasm for Trump remained undampened. Donald Trump Jr., he tweeted with the earnestness of an unpaid intern, was a “virtuous and honorable man” The Russia story, he opined, is a “witch hunt.” Jared Kushner, he professed repeatedly on TV, was the second incarnation of Alexander Hamilton. Perhaps most crucially, Scaramucci forced CNN to retract a story the network published about him, getting three veteran journalists fired in the process. (The White House was over the moon.)

But while the Mooch clearly wanted the job badly enough that he was willing to scrub his Twitter history and renounce all the things he said about Trump when he was supporting Jeb Bush (such as calling Trump a “hack politician” and an “inherited money dude from Queens County”), he reminded the press Friday that he was still giving up a lot to become the president’s flack, and not just his dignity. He would also be saying goodbye to his fund of hedge funds business, SkyBridge Capital, which he is in the process of selling to Chinese conglomerate HNA. “You want to go serve the country, and so the first thing you have to do is take on this mega opportunity cost by getting rid of all your assets,” he told reporters, complaining about a deal worth nearly a quarter of a billion dollars. “I’m willing to do that, because I love the country.” Luckily, the Mooch is not giving away his assets for free. In fact, as Forbes reported Monday, he’s “getting rid of” them in exchange for what is expected to be almost $80 million: