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JPMorgan Boss Jamie Dimon Has Been Having Secret Policy Talks With Donald Trump for Months

Jamie Dimon has been offering the president-elect advice on cutting spending, banking regulations, and taxes even while the pair’s public relationship appeared frosty.

JPMorgan CEO Jamie Dimon has been secretly communicating with Donald Trump over the past several months, offering input on the president-elect’s economic policies, multiple unnamed Republican insiders told the New York Post. One of the sources said the two men have been having “no-holds-barred conversations,” which have continued after Trump won the presidency. 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 soon fired back, though, saying, “I haven’t had a boss in 25 years. I’m not about ready to start.” The Wall Street giant has been outspoken about his hope that Trump will follow through on his plan to cut red tape for bankers, saying at a recent conference that many in the industry “are dancing in the street” after Trump’s win. Spokespeople for both Trump’s transition and JPMorgan declined to comment to the Post on its report.