According to Odaily Planet Daily, U.S. President-elect Trump is having secret talks with JPMorgan CEO Jamie Dimon, sparking speculation about JPMorgan's potential influence on U.S. policy.
According to Fox Business, Dimon has previously provided informal advice on issues such as tax reform, trade policy, and federal spending. Sources close to Trump say Dimon is the 'touchstone' for policy concepts.
Despite these claims, Trump's representatives and JPMorgan have not publicly discussed the matter. There were previous rumors that Dimon was a candidate for Treasury Secretary, but Trump nominated Scott Bessent for the position. The Ripple CEO believes Bessent is the 'perfect candidate'.