JPMorgan Chase CEO Jamie Dimon has been communicating with President-elect Donald Trump in recent months through secret back channels, helping Trump and his team hammer out a policy agenda before and since his decisive win, according to an exclusive report from The New York Post.
Four sources close to Trump’s transition team told The Post that Dimon has acted as “a sounding board” for the incoming president’s economic manifesto.
First, a bit about Dimon.
The 68-year-old who, like Trump, grew up in Queens, New York, has an estimated net worth of $2.6 billion. He has been the Chairman and Chief Executive Officer of JPMorgan Chase — the largest bank in the U.S. in terms of assets under management, valued at nearly $4 trillion — since 2006. Dimon’s move to unload $12 billion of subprime mortgages in 2006 buffered his bank against the 2008 crash.
The…