Laura Loomer’s honeymoon phase as a fixture of President Donald Trump’s inner circle appears to be waning.

The far-right conspiracy theorist has emerged as one of the most powerful figures in Trump’s orbit in the first months of his second term, with her MAGA-loyalty background checks prompting the president to oust scores of officials from his administration.

But White House officials are unnerved by the attention Loomer is getting and have tried to play down the incendiary activist’s sway over Trump, according to a Financial Times report.

“Her influence is vastly overstated,” one person familiar with the White House’s thinking told FT, likening Loomer, 32, to a “fly that keeps getting in your face and keeps coming back, no matter how much you swat it away.”

The person also threw col

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