According to a Bloomberg source, Donald Trump is proposing Jamie Diamon for Treasury Secretary, and Jerome Powell of the Fed will continue in his job until the end of 2026. Is an alliance coalescing here to return America to the private formation of capital?
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One of Trump's biggest flaws while he was in office was choosing people that seem at odds with what he claimed he wanted to do. Now, that may not be the case here but Dimon isn't pro bitcoin.
Trump's first election was rushed. he trusted those who the media also trust, which is the ironic thing: the deep state representatives! he had some personal animosities with killery but the rest were surprisingly badly chosen. i can't imagine that happening to him again now. to Jamie Dimon: his firm JP Morgan has long been involved in the bitcoin business with Blackrock. see below
Have you not heard all of his anti-bitcoin rhetoric?
yes of course. and do you seriously believe that the actions of such people correspond to their rhetoric? JP Morgan has long been involved in the Bitcoin business together with Blackrock.
That's fair. I don't trust that slim ball either way. But if greed destroyed bitcoin I would not be talking to you.
https://blockworks.co/news/blackrock-names-jane-street-jpmorgan-in-proposed-bitcoin-etf
However, recently Dimon has praised some of Trump's positions and policies.
"Take a step back, be honest. He was kind of right about NATO, kind of right on immigration. He grew the economy quite well. Trade tax reform worked. He was right about some of China," Dimon told CNBC earlier this year. "He wasn't wrong about some of these critical issues."
Trump also said in the interview that he would reduce the corporate tax rate to as low as 15%.
USA preparing for a big comeback!
This Dimon guy....
I dont trust him in any way.
Dont really want him near the cryptocurrency scene either.
Im hoping trump doesnt push him in that direction.
it is absolutely correct that Donald Trump relied on people from the deep state and the state apparatus in his first term. i cannot imagine that he will make this mistake again after what has happened. to Jamie Dimon and JP Morgan: JP Morgan is clearly involved in the business of Blackrock and its btc ETF Here the Link:
https://blockworks.co/news/blackrock-names-jane-street-jpmorgan-in-proposed-bitcoin-etf
The big government will be back in power as it already has been anyway.
Money laundering for the powerful!