"Trump and Harris Camps in Contact with Dimon... The Whereabouts of the 'Wall Street Emperor'"

Meeting with Candidates and Campaign Advisors from Both Parties to Discuss Economic Policy Advice

“The Emperor of Wall Street,” Jamie Dimon, Chairman of JP Morgan Chase, is reportedly acting as a de facto economic advisor by regularly engaging with the campaign teams of both major party candidates in the November presidential election, Yahoo Finance reported on the 9th (local time).

Sources say Dimon holds weekly conversations with advisors to both candidates, as well as current and former cabinet members, with discussions particularly focused on pro-business policies aimed at economic growth with former President Donald Trump’s campaign.

[Image source=Reuters Yonhap News]

Brian Hughes, a senior advisor to the Trump campaign, stated that Dimon and former President Trump “support common-sense policies such as a government efficiency commission to eliminate fraud and save taxpayers’ money.”

Connections with Vice President Kamala Harris have also been confirmed. Another source revealed that Dimon has been more involved with the Harris campaign than with the Trump campaign, having met face-to-face with Vice President Harris over the past three weeks to provide feedback on economic agendas.

Dimon, who hinted at early retirement from active business in May and was speculated to enter public office, has recently received calls of interest from both presidential candidates and is being mentioned as a potential next Secretary of the Treasury. The media noted, “Both candidates desperately want Dimon to support their economic policies,” adding, “If he says he is not worried about inflation, it would be good news for Harris, but the Trump side would want him to delve deeply into this issue.”

However, Dimon has only expressed the opinion that private sector leaders should join the next cabinet, without revealing any preferred candidate. In a January interview with CNBC, he positively evaluated former President Trump’s immigration, foreign policy, and economic performance, but recently denied the truth of a social media post by Trump claiming “Dimon supports me.”

Regarding Vice President Harris, Dimon has expressed support for her proposed tax credit policies for the middle class, but it is not yet a stage for reassurance. During the 2008 financial crisis, Harris, then California Attorney General, clashed with Dimon while investigating illegal home foreclosures by major banks. JP Morgan Chase reportedly paid $13 billion in settlements. Harris once recalled, “Dimon and I fought like two dogs back then.”

The media pointed out, “Dimon’s candidacy for Treasury Secretary has been consistent since the administration of former President Barack Obama,” noting, “He has offered various opinions on the direction the election campaigns should take this year, but nothing concrete.” Earlier, in an August column for The Washington Post (WP), Dimon emphasized, “If we truly want to unite as one, we must be able to accept opposing views and turn them into opportunities for progress,” adding, “Whoever becomes the next president, if they follow my advice, they could be one of the greatest presidents.”