Steve Bannon Out at Breitbart

Update, 5:46 p.m. ET: SiriusXM has decided to end its relationship with Steve Bannon and is terminating his hosting duties effective immediately as a result of his leaving Breitbart.

Original post: Steve Bannon, one-time alt-right poster boy and former aide to President Donald Trump, is out at Breitbart.

Bannon has been under heavy fire from the Trump camp as a result of comments he made to Michael Wolff for his explosive tell-all book, Fire and Fury, which culminated in the president openly accusing his former top adviser of "losing his mind" as well as his job. The condemnation also allegedly caused him to lose the backing of the ultrawealthy Mercer family, who had funded many of his recent ventures. As it stands, there has been no confirmation that the severance of ties has come as a result of Bannon's lost political and financial capital, but it's hard to ignore the timing of the decision.

Breitbart immediately confirmed the Jan. 9 news, with the CEO of the company saying, "Steve is a valued part of our legacy, and we will always be grateful for his contributions and what he has helped us to accomplish."