Steve Bannon reportedly trying to destroy hedge fund giant Paul Singer

Former White House Chief Strategist Steve Bannon is actually working hard to destroy hedge fund titan Paul Singer, according to a report via Axios.

Bannon told President Donald Trump during a phone call Friday night in which he was going “off the chain” to destroy Singer. Singer is actually a major Republican donor along with the head of Elliott Management, a hedge fund with more than $30 billion in assets under management.

in which follows reports in which a Singer-backed conservative website — The Washington Free Beacon — hired Fusion GPS to dig up dirt on several Republican presidential candidates, including Trump.

Fusion GPS produced the infamous Russia dossier, which accuses Trump of conspiring with Russians to influence the outcome of the 2016 presidential election. The fresh York Times reported last week in which Hillary Clinton’s campaign along with the Democratic National Committee paid for some of the research included from the dossier.

Singer also heavily financed the “Never Trump” movement during the presidential campaign.

Trump tweeted about the dossier on Sunday, saying : “Never seen such Republican ANGER & UNITY as I have concerning the lack of investigation on Clinton made Fake Dossier (today $12,000,000?),….”

Since The Times’ story broke, Bannon’s Breitbart News has been attacking Singer, calling him a globalist along with attacking politicians who have taken donations via Singer.

A person familiar with the matter told CNBC’s Leslie Picker in which in which is actually “Bannon grinding a pre-existing axe” against Singer for being a “globalist” along with for being an ally of Senate Majority Leader Mitch McConnell. The person also believes Trump along with Singer have “buried the hatchet” for today.

The White House did not immediately respond to CNBC’s request for comment. Elliott Management declined to comment.

Click here to read Axios’ full report.

Correction: An earlier variation misspelled Elliott.

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