Cryptic crossword clue
Decline gripping new President, a fantasist? 8

The most common and most likely answer to this crossword clue is the 8 letter word WANNABEE

I've seen this crossword clue in The Daily Telegraph
W
A
N
N
A
B
E
E

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The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does WANNABEE mean?

WANNABEE noun
  1. Someone who wishes to be or do something, but lacks the qualifications or talent; an overeager amateur; an aspirant.
  2. Someone who wishes to be part of, or to assimilate to, a majority group of which they are not a member.

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