Meeting at the White House on the 12th
Bloomberg News reported on the 11th, citing two sources, that President Donald Trump of the United States plans to host a dinner with financial industry executives at the White House on the 12th (local time).
According to the sources, those invited include Jamie Dimon, CEO of JPMorgan Chase; Adena Friedman, CEO of Nasdaq; David Solomon, CEO of Goldman Sachs; Larry Fink, CEO of BlackRock; and Ted Pick, CEO of Morgan Stanley.
The White House included the private dinner, hosted by President Trump at 7:30 p.m. on the 12th, in the president’s official schedule. According to Reuters, a White House official confirmed the private dinner between President Trump and Wall Street CEOs. However, the list of attendees was not released.
This dinner is taking place as President Trump faces political pressure over the economy and issues of affordability. These issues played a decisive role in the recent election victories by the Democratic Party.
Foreign media outlets assessed that this dinner is part of President Trump’s efforts to strengthen ties with Wall Street CEOs.
During the 2024 presidential election, President Trump garnered support from Wall Street by pledging tax cuts and broad deregulation. He subsequently passed tax cut legislation containing business-friendly provisions and eased regulations. However, the Trump administration’s tariff policies shook the financial markets and drove up import prices, putting the relationship between Wall Street and the White House to the test. His attacks on Jerome Powell, Chair of the Federal Reserve, heightened concerns over the central bank’s independence.
In recent months, President Trump has held a series of private meetings with corporate executives. Last September, he met with key technology company leaders, including Mark Zuckerberg, CEO of Meta, and Tim Cook, CEO of Apple. At that meeting, they pledged to increase investment in the United States, including in artificial intelligence (AI).
Last September, JPMorgan announced that it would invest 1.5 trillion dollars in key industries over the next ten years, in line with the Trump administration’s America First policy stance.
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