Free Republic

By debanking conservatives, JPMorgan and Bank of America may be “debanking” themselves, On The Money has learned. It all stems from a raft of bad publicity that began with President Trump’s statements in Davos a couple of weeks ago, accusing the nation’s No. 1 and No. 2 banks of canceling accounts of conservatives. It continued with Wednesday’s Senate Banking Committee hearing on the matter. The result: Some customers began to flee the big guys, and at least one beneficiary has been to a small online bank that is beginning to make a name for itself in conservative circles by claiming...

JPMorgan CEO Jamie Dimon told CNBC on Wednesday that the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively. “If it’s a little inflationary but it’s good for national security, so be it. I mean, get over it,” Dimon said during an interview at the World Economic Forum in Davos, Switzerland. CEO Jamie Dimon said Wednesday that the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively. Despite fears that the duties could spark a global trade war and reignite inflation domestically,...

JPMorgan CEO Jamie Dimon told CNBC on Wednesday that the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively. "If it's a little inflationary but it's good for national security, so be it. I mean, get over it," Dimon said during an interview at the World Economic Forum in Davos, Switzerland.Dimon: Trump's tariff policy is positive for national security so people should 'get over it' | 1:01CNBC Television | 2.93M subscribers | 1,399 views | January 22, 2025

Incoming President Donald Trump and JPMorgan Chase CEO Jamie Dimon have quietly been in talks for months through secret back channels, serving as the “sounding board” for the 47th president’s pending economic agenda. Four sources close to the incoming Trump Administration confirmed that the president-elect and Dimon discussed issues before and after the election, such as reducing government spending, tax policy, trade, and banking regulations. The GOP insiders told the New York Post that Trump’s aides regularly set up phone calls to “create a bit of daylight” between Trump and Dimon and prevent any information from reaching the press. The...

JPMorgan Chase CEO Jamie Dimon has been communicating with Donald Trump in recent months through secret back channels, helping the president-elect hammer out a policy agenda before and since his decisive White House victory, The Post has learned. The 68-year-old Wall Street titan — who, like 78-year-old Trump, grew up in Queens in New York City — has acted as “a sounding board” for the incoming commander-in-chief’s economic manifesto, four sources close to Trump’s transition team *** The quietly cozy relationship between Trump and Dimon has flourished despite the banker’s cryptic and tight-lipped tendencies when it comes to politics. Trump...

JPMorgan Chase CEO Jamie Dimon has been communicating with Donald Trump in recent months through secret back channels, helping the president-elect hammer out a policy agenda before and since his decisive White House victory, The Post has learned. The 68-year-old Wall Street titan — who, like 78-year-old Trump, grew up in Queens in New York City — has acted as “a sounding board” for the incoming commander-in-chief’s economic manifesto, four sources close to Trump’s transition team said. One GOP insider said the president-elect’s inner circle held a series of “no-holds-barred conversations” with Dimon — who at the time was rumored...

A billionaire hedge fund boss is positioning himself to become Donald Trump's Treasury Secretary. Scott Bessent - who previously served as an economic adviser to Trump - is currently vetting potential candidates for a deputy role, The Financial Times reported. The news comes the day after JPMorgan CEO Jamie Dimon, often called America's most powerful banker, ruled himself out of consideration for the role. Although Bessent - who stirred controversy over his financial backing of a conservative publishing house - hasn't confirmed an interest in joining Trump's cabinet, he hinted at his willingness on Wednesday. 'I'm going to do whatever...

If you noticed, some of the biggest names in finance are starting to run away from their initial support of Kamala Harris. It’s not that they’ve seen the light and are ready to embrace Donald Trump’s MAGA agenda. Rather they’ve seen the poll numbers (they pay up for the real ones the public isn’t privy to) and they’re slowly coming to terms that the sometimes crass, often indicted Trump might just be winning this race against Harris for the White House. And they’re scared. That’s the assessment from my sources at top Wall Street firms who witnessed interesting 180s at...

JPMorgan Chase CEO Jamie Dimon is on board with Elon Musk’s proposed government efficiency commission, calling it a “very good idea.” “So Elon, this idea about having an efficiency commission, I actually like the idea. I think governments have to become more efficient, more competent and look at when they take money what do they get for it?” Dimon said during an interview with CNBC-TV18 at the India Investor Summit, according to the New York Post. “I actually think it’s a very good idea,” he added. According to the CEO, there is a need for such a commission to ensure...

In the July 18 edition of Gold Newsletter, editor and publisher Brien Lundin wrote about the failure of silver prices to keep up with gold prices. "I'm not the kind of conspiracy buff that many of my friends in the industry are," Lundin wrote, "but it's hard to look at silver and not see some hidden hands at work (especially considering who holds so much of the metal in both physical and paper forms while acting as custodian for the biggest silver exchange-traded fund)." Of course, Lundin meant investment bank JPMorgan Chase and silver ETF SLV. Why anyone would invest...

Donald Trump will not seek to remove Federal Reserve Chair Jerome Powell before the central banker’s term ends and would consider JPMorgan CEO Jamie Dimon for Treasury secretary if he won the Nov. 5 election, the former president told Bloomberg in an interview published on Tuesday. JPMorgan declined to comment on Trump’s remarks. Powell’s term as chairman runs through Januray 2026, and his position as a Fed governor continues until 2028. The interview was conducted in late June, according to Bloomberg. Trump said the Federal Reserve should abstain from cutting rates before the November elections in which the Republican presidential...

JPMorgan Chase (JPM) CEO Jamie Dimon is concerned the US economy could be in for a repeat of the problems that hampered the country during the 1970s. "Yes, I think there’s a chance that can happen again," he said during an appearance Tuesday at the Economic Club of New York. The economy in that troubled decade was constrained by stagflation, a combination of low growth and high inflation, and Dimon said such a risk exists again.

JPMorgan Chase (JPM) CEO Jamie Dimon is concerned the US economy could be in for a repeat of the problems that hampered the country during the 1970s. "Yes, I think there’s a chance that can happen again," he said during an appearance Tuesday at the Economic Club of New York. The economy in that troubled decade was constrained by stagflation, a combination of low growth and high inflation, and Dimon said such a risk exists again. "I worry that it looks more like the seventies than we've seen before," he added during a question-and-answer session with Marie-Josee Kravis, chair of...

Jamie Dimon, the CEO of JPMorgan Chase, issued a sober warning for the U.S. economy in his annual letter to investors this week. Dimon pointed to wars breaking out in Europe, the Middle East, and growing tensions with China as major drivers to economic uncertainty which have helped fuel “higher energy and food prices, inflation rates and volatile markets.” The crises on the foreign policy front are largely a reflection of President Joe Biden’s weakness on the world stage as America’s adversaries have felt that they have more latitude in what they are able to get away with under the...

Jamie Dimon is the CEO of JPMorgan and describes himself as “barely a Democrat.” His name has often been floated as a potential candidate for president, and at 68, he seems positively youthful compared to the two frontrunners for president this year. He could run 4 or 8 years from now and still get consideration–although you can bet that Gavin Newsom, Kamala Harris, Elizabeth Warren, Bernie Sanders, Gretchen Whitmer…well, you get it, a lot of Democrats are ahead of him in line for the top slot. They wouldn’t roll over to let him take the top prize. Not only that,...

At this point in the vaccine rollout, most believe that there’s nothing that can be done to convince those who refuse to get vaccinated to change their minds. President Biden’s attempts to force a federal mandate on workers via OSHA was blocked by the courts. But that hasn’t stopped Wall Street from barring the unvaccinated from its facilities, even though vaccinated employees are just as likely to spread the virus. Not long after Citi became the first megabank to announce plans to fire workers who refused to comply with vaccination policies, private equity giant Blackstone will now prohibit any workers...

JPMorgan Chase CEO Jamie Dimon slammed Democratic messaging about MAGA, or “Make America Great Again,” Republicans on Wednesday, telling Democrats to “grow up” and “listen” to supporters of former President Trump. “When people say MAGA, they’re actually looking at people voting for Trump and … they’re basically scapegoating them,” Dimon told CNBC’s “Squawk Box.” “I don’t like how [Trump] said things about Mexico … but he wasn’t wrong about some of these critical issues, and that’s why they’re voting for him,” Dimon continued. “And I think people should be a little more respectful of our fellow citizens.”

JPMorgan Chase CEO Jamie Dimon on the Federal Reserve's rate trajectory, 2024 economy, looming bank regulations and artificial intelligence. https://www.foxbusiness.com/video/6344549070112 (RECESSION??)

A seemingly unrelenting wave of debt is piling onto America’s balance sheet. New data from the U.S. Treasury Department show the federal debt increased by over $296.524 billion from August 8th to September 8th, reaching a total of $32.940 trillion. The new numbers come as JPMorgan Chase CEO Jamie Dimon issues a warning on America’s fiscal trajectory. At a conference hosted by Barclays, Dimon told reporters that America’s rapid rate of spending is bound to have a significant impact on households. “I just think people make a mistake to look at real-time numbers and not look at the future. And...

Lawyers for one of Jeffrey Epstein's accusers want a second chance at deposing JPMorgan Chase CEO Jamie Dimon, telling a federal judge Friday that the bank took too long to turn over hundreds of documents they could have used when they questioned him under oath last month. In a letter to Judge Jed Rakoff, an attorney for the Epstein victim wrote that JPMorgan's "untimely" and "inexplicably slow" delivery of documents was a strategic move. "By way of background, in May this Court admonished JPMC for producing documents at an inexplicably slow rate," the lawyer, Sigrid McCawley, wrote Friday. The admonishment...