Jamie Dimon

JPMorgan Chase CEO Jamie Dimon Has ‘Changed His Tune’ on Bitcoin and Crypto – According To Former President Trump

July 18, 2024 The Daily Hodl

Bitcoin

Former President Donald Trump says one of Bitcoin’s biggest critics is warming up to the crypto industry. In a newly-released interview transcript from Bloomberg, Trump says JPMorgan Chase CEO Jamie Dimon’s notoriously negative views on crypto are evolving. “You ask Jamie Dimon, Jamie Dimon was, you know, very negative and now all of a sudden […]

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Trump weighing Bitcoin hater Jamie Dimon for US Treasury

July 17, 2024 Coin Telegraph

Coin Telegraph

The former president could reveal more details at the Bitcoin Conference in Nashville from July 25 through 27.

Former United States President and current Republican ticket nominee Donald Trump said recently that, if elected, he would consider JPMorgan CEO Jamie Dimon for his cabinet as secretary of the Treasury. He also intends to leave Federal Reserve Chair Jerome Powell in place.

Trump’s comments stem from an interview with Bloomberg reportedly conducted in late June and published on July 16. It’s unclear if the former president’s thinking remains the same in the wake of the July 13 assassination attempt.

This appears to be the first time Dimon has been publicly linked to a potential Trump administration. The two have had a somewhat cantankerous relationship in the past, with Trump recently calling Dimon a “highly overrated globalist” in a November 2023 post on Truth Social. For his part, Dimon previously urged people to support Trump opponent Nikki Haley for the Republican nomination.

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JPMorgan Chase Issues Economic Warning, Says Trump Victory Over Biden Could Trigger ‘Elixir for Stagflation’

July 4, 2024 The Daily Hodl

Biden

JPMorgan Chase just issued a warning on the economic impact of the presidential election. In a new interview with Bloomberg, JPMorgan’s Chief Global Strategist David Kelly targets former President Trump’s interest in increasing tariffs on imports to reduce income taxes. If Trump triumphs over Biden and hikes tariffs significantly, Kelly says the former president will have […]

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$582,381,000,000 Added To US National Debt Since January As JPMorgan Chase CEO Issues Warning on America’s Fiscal Future

May 22, 2024 The Daily Hodl

Chase

The US has added well over half a trillion dollars to its national debt since the start of 2024 as the CEO of the world’s largest bank issues a warning on the state of America’s balance sheet. According to new data from the Treasury, as of May 14th, the US national debt grew by $582.381 […]

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Banking Giant JPMorgan Chase Holds $760,000 in Spot Bitcoin ETFs: New SEC Filing

May 11, 2024 The Daily Hodl

bank

The biggest bank in the US, JPMorgan Chase, says it now holds about $760,000 in spot Bitcoin ETFs on behalf of its clients. In a new Form F13 filing, which requires institutional investment managers to disclose their holdings, JPMorgan says the exposure is spread across BlackRock’s iShares Bitcoin Trust (IBIT), the ProShares Bitcoin Strategy ETF […]

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JPMorgan Chase CEO Warns Multiple Headwinds Threaten US Economy, Urges Investors To Avoid ‘False Sense of Security’

April 29, 2024 The Daily Hodl

Daily Hodl

JPMorgan chief executive Jamie Dimon is warning against becoming complacent as he believes it is within the realm of possibility for the US economy to witness a severe downturn next year. In a new interview with the Wall Street Journal, Dimon says the US economy is doing well this year with strong consumer spending, low […]

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Dimon Doubles Down on Bitcoin Dislike, SBF to Aid Legal Action Against Celebrities, and More — Week in Review

April 28, 2024 Bitcoin.com

bitcoin democracy

JPMorgan Chase CEO Jamie Dimon has reiterated his critical stance on bitcoin, labeling it a fraud and dismissing its potential as a legitimate currency. Former FTX CEO Sam Bankman-Fried has agreed to a settlement that involves cooperating with legal actions against celebrities linked to FTX’s collapse. U.S. analysts are evaluating the impact of the proposed […]

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JPMorgan CEO Jamie Dimon: Bitcoin Is a Fraud, There’s No Hope for BTC as a Currency

April 21, 2024 Bitcoin.com

Bankers

JPMorgan Chase CEO Jamie Dimon has doubled down on his anti-bitcoin stance, emphasizing that the crypto is a fraud with no future as a currency. “It’s a Ponzi scheme,” the executive stressed. However, despite his strong opinion about bitcoin, JPMorgan is an authorized participant for Blackrock’s spot bitcoin exchange-traded fund (ETF). Dimon, while advising investors […]

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$38,400,000,000 in Deposit Flight Hits Wells Fargo and Citigroup in One Year As JPMorgan Chase CEO Issues Warning To Federal Reserve

April 20, 2024 The Daily Hodl

bank

New numbers show two of the largest banks in the US are witnessing billions of dollars in deposit flight. Quarterly earnings data shows Citigroup’s deposits dropped from $1.3305 trillion in Q1 of 2023 to $1.3072 trillion in Q1 of this year – a reduction of $23.3 billion in a span of 12 months. Meanwhile, deposits […]

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JPMorgan Chase CEO Warns Inflation, Terrible Wars and Violence Are ‘Significant Uncertain Forces’ in New Outlook

April 13, 2024 The Daily Hodl

bank

The head of the largest bank in the US says he’s concerned about “significant uncertain forces” brewing on the global stage. In the firm’s first-quarter earnings results, JPMorgan CEO Jamie Dimon says persistent inflation and new, violent conflicts are his two top concerns as Q2 begins. “Many economic indicators continue to be favorable. However, looking […]

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