JPMorgan Chase CEO Jamie Dimon has been engaging in secret discussions with US President- elect Donald Trump regarding his economic policy agenda both before and after the recent US Presidential election, reported New York Post.
According to New York Post, sources close to Donald Trump’s transition team revealed that Jamie Dimon has acted as a ‘sounding board’ for Donald Trump while discussing critical issues such as government spending, banking regulations, taxes and trade. These conversations reportedly began during Donald Trump's campaign and have continued post-election which eventually facilitated by Donald Trump's aides to maintain confidentiality and prevent leaks.
Also Read:Cyber Monday 2024: Target and Walmart unleash massive discounts | Top Deals
In spite of all the previous speculation about Jamie Dimon potentially joining the Donald Trump administration, Donald Trump publicly stated that Jamie Dimon would not be invited to serve in his cabinet, asserted New York Post. Jamie Dimon, who has been critical of current US banking regulations, has also expressed support for some of Donald Trump's positions particularly regarding immigration and defense spending.
The influence of Jamie Dimon is seen to be pretty significant specifically with analysts suggesting that Donald Trump's second term could lead to major changes in banking regulation; noted New York Post. The relationship between Donald Trump and Jamie Dimon highlights a potential alignment between the financial sector and the incoming