Wall Street CEO who 'privately' backed Harris has been advising Trump for 'months': report
Wall Street CEO Jamie Dimon has been playing both sides of the ideological divide for a long time, according to The Daily Beast — and in particular has been having policy advice talks for "several months."
According to sources who spoke to the New York Post, "the two men have been having 'no-holds-barred conversations,' which have continued after Trump won the presidency," said the report. "Several of the sources told the Post that the talks focused on cutting government spending, banking regulations, and taxes. The men’s conversations continued even amid apparent public tensions, like when the president-elect earlier this month announced in a Truth Social post that Dimon 'will not be invited to be a part of the Trump Administration.'"
Dimon, who heads up JPMorgan Chase, shortly fired back after Trump's post, saying, “I haven’t had a boss in 25 years. I’m not about ready to start.”
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All of this, however, is at odds with Dimon's recent frostiness with the president-elect. In October, The New York Times reported that Dimon "privately" supported Vice President Kamala Harris for the presidency. His wife, meanwhile, knocked doors for the Harris campaign, and Dimon had to debunk a claim from Trump that he had secured his endorsement on Truth Social.
Despite the ambiguity of his support, Dimon has said he hopes Trump will follow through on tax cuts and deregulation, and has remarked that people in the financial industry “are dancing in the street” in reaction to the election results.
Trump is eyeing a new round of tax breaks in his next term, and has tapped tech billionaire Elon Musk for an informal task force known as the Department of Government Efficiency (DOGE) to identify agencies and personnel to cut from the federal government.