I'm reading it as "(only) (hurts the President)," not "(only hurts) (the President)."
From the article:
> “Ultimately, it hurts the president to do that,” Fauci told The Atlantic in a series of interviews this week. “When the staff lets out something like that and the entire scientific and press community push back on it, it ultimately hurts the president.”
From the article:
> “Ultimately, it hurts the president to do that,” Fauci told The Atlantic in a series of interviews this week. “When the staff lets out something like that and the entire scientific and press community push back on it, it ultimately hurts the president.”