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🚨Trump and CEO JP Morgan and Bitcoin🚨
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Trump Considering Jamie Dimon for Treasury Secretary Despite Crypto Criticisms
🔑📜Key Points:
Potential Appointment:
- Former President Donald Trump may choose JPMorgan CEO Jamie Dimon as Secretary of the Treasury if re-elected.
- This marks the first time Dimon has been linked to a potential Trump administration.
Federal Reserve:
- Trump plans to keep Jerome Powell in his position as Chair of the Federal Reserve.
Past Tensions:
- Despite a history of conflict, including Trump calling Dimon a “highly overrated globalist,” Trump now expresses "a lot of respect" for Dimon.
- Dimon had previously urged support for Trump’s opponent, Nikki Haley.
Crypto Opposition:
- Dimon has been a vocal critic of cryptocurrency, calling it a tool for criminals and advocating for its shutdown.
- Despite this, JPMorgan has developed its own blockchain token, JPM Coin.
Trump's Crypto Stance:
- Historically, Trump has been negative about Bitcoin and other cryptocurrencies, calling them volatile and unreliable.
- Recently, Trump’s stance has softened, and he is scheduled to speak at the Bitcoin Conference in Nashville on July 27.
Upcoming Event:
- Trump will provide more details and insights at the Bitcoin Conference in Nashville from July 25-27.
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