President-elect Donald Trump did not pick up the phone when JPMorgan Chase CEO Jamie Dimon called to congratulate him on his sweeping victory on Election Day, according to a report.
Dimon, a 68-year-old banking executive who has described himself as “barely a Democrat,” was instead forced to leave a voicemail congratulating and offering to help, The New York Times reported.
last month, The Post specifically reported that Dimon Has been communicating with Trump through secret back channels in recent months.
Dimon, who liked Trump, was from Queens Helping the secretly elected President formulate a policy agenda By acting as a “sounding board” for Republicans before and after his decisive victory in the White House.
“They have been speaking regularly for months,” a GOP source briefed on the situation told The Post.
Nevertheless, in the days after the election, Trump announced on his Truth social platform that Dimon, long rumored to be interested in seeking government office, would not be joining his administration.
“I have great respect for Jamie Dimon of JPMorgan Chase, but he will not be invited to be a part of the Trump administration. I thank Jamie for his outstanding service to our country!” Trump’s Truth Social account said in a Nov. 14 post.
Despite the perceived insult, Dimon told Bloomberg News that last month The finance industry was “dancing in the street” On the possibility of Trump taking office and cutting regulations.
“A lot of bankers, they’re like dancing in the street because they’ve had regulations put in place for years in a row, many of which have stifled credit,” Dimon said.
there are also demons Critics of Biden administration For its stringent regulatory agenda.
Trump, on the other hand, is reportedly looking for ways to shrink either Or abolish banking regulators altogether.
Advisors to the President-elect are openly raising the possibility of the incoming administration breaking up the Federal Deposit Insurance Corporation. According to a report in Friday’s Wall Street Journal.
Dimon, who heads the nation’s largest lender, is a registered Democrat who declined to publicly endorse a candidate this election cycle.
But aides who were in touch with Dimon before the election said he was privately telling people he expected That Vice President Kamala Harris will win.
on September, Charles Gasparino of the Post It was reported that Dimon was “more likely to accept” working in the Harris administration.
Dimon had previously ruled out leaving the Wall Street giant for a government job and told analysts the chances of that happening were “almost zero.”
But he said in his widely read annual letter in April: “I have always been an American patriot and my country is more important to me than my company.”
The post sought comment from JPMorgan Chase and the Trump transition team.
