Jamie Dimon’s relationship with Donald Trump appears to be thawing after the meeting
Jamie Dimon, chairman and CEO of JPMorgan Chase, talks about federal spending, market conditions, $1 billion in technology investment, trade tensions, national security and more.
JPMorgan CEO Jamie Dimons Media reports say his relationship with President Donald Trump has probably thawed after reportedly visiting the White House twice in the past two months.
Dimon, 69, will meet with Trump at the Oval office last week to discuss and attend economic, trade and financial rules with Treasury Secretary Scott Bescent and Treasury Secretary of Commerce. Wall Street Journal It has been reported.
Dimon reportedly praised Trump’s recent trade deal with Japan. In June, Dimon met with Trump and Vice President J.D. Vance.
Jamie Dimon from JPMorgan is calling on us to stockpile bullets, rare earth instead of bitcoin
JPMorgan Chase CEO Jamie Dimon reportedly met with President Donald Trump in recent months as their relationship began to thaw. (Getty Images/Getty Images)
Both JPMorgan Chase and the White House declined to comment on the issue with Fox News Digital.
In May, Dimon criticized Trump’s approach to tariffs during an interview with Fox Los Angeles, calling it “too big, too big and too aggressive.” He said tariffs could lead to inflation, highlighting the need for a more measured approach.
Dimon, who serves as the CEO of America’s largest bank, places great emphasis on non-financial issues, including defense issues. In May, he said the US should stockpile bullets and drones instead of Bitcoin.
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“We shouldn’t stockpile bitcoin,” Dimon said when asked about how industrial policy is intertwined. National Security Policy In the panel. “We need to stockpile guns, bullets, tanks, planes, drones. We know the rare Earth. We know we need to do that. That’s not a mystery.”
Bitcoin is a decentralized digital currency operated outside of banking or governmental authorities. president Donald Trump In March, we signed an executive order to establish a Bitcoin Reserve. He described it as “a virtual Fort Knox in digital gold.”
Federal Reserve Chairman Jerome Powell testified before the Senate Committee on Banks, Housing and Urban Affairs during hearings in Washington, D.C., in Washington, D.C., on June 25, 2025, before Capcholl Hill, “To investigate the six-monthly monetary policy report to Congress, I am testifying before a Senate Committee on Urban Affairs in Banks, Housing and Urban Affairs. (Kent Nishimura / Getty Images / Getty Images)
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He also irritated Trump for his stubborn support, Jerome Powell, and his refusal to cut interest rates. New York Post It has been reported.
Trump demanded that Powell cut his fees despite the Fed’s refusal to be upset. He also criticizes the $2.5 billion “Palace of Versailles,” which is planning to renovate the $2.5 billion “Palace of Versailles” at Washington, DC headquarters.