Odaily News U.S. President-elect Trump is holding secret talks with JPMorgan Chase CEO Jamie Dimon, sparking speculation that JPMorgan could use its power to influence U.S. policy. Reports suggest that for months, Trump has sought Dimons insights to help guide his second-term agenda. According to Fox Business, Dimon has provided informal advice on issues such as tax reform, trade policy, and federal spending. Sources close to Trump have called Dimon a touchstone for various policy concepts. Despite these claims, neither Trumps representatives nor JPMorgan Chase have spoken publicly about the matter. Previously, Dimon was rumored to be a candidate for Secretary of the Treasury. However, Trump recently announced the nomination of Key Square Group founder Scott Bessent as Secretary of the Treasury, meaning that Dimon has no official position in the new administration. Ripple CEO Brad Garlinghouse believes Bessent is the perfect fit and stressed that he will be the most pro-innovation, most pro-cryptocurrency Treasury Secretary. (Bitcoin.com)
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