JPMorgan CEO Dimon Meets Trump Twice Signaling Thaw in Relations

JPMorgan Chase CEO Jamie Dimon has recently rekindled his relationship with President Donald Trump, meeting twice at the White House over the past two months to discuss critical economic issues including trade, the economy, and financial regulations. During these meetings, Dimon praised Trump's trade deal with Japan and advocated for Federal Reserve Chair Jerome Powell's independence, despite Trump's ongoing criticism of Powell for not cutting interest rates. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick also attended the discussions, highlighting their significance within the administration. The thaw in relations follows years of tension marked by mutual criticism, but Dimon emphasized the importance of dialogue with leaders across the political spectrum. Beyond finance, Dimon has voiced strong opinions on national security priorities, suggesting the U.S. should stockpile bullets and rare earth materials instead of Bitcoin. Market analysts remain cautiously optimistic about JPMorgan Chase's stock, reflecting a complex interplay of business and political dynamics amid the CEO's renewed engagement with the Trump administration.