
Former President Donald Trump is considering Jamie Dimon, the head of JP Morgan, for the position of U.S. Treasury Secretary. Dimon, who has long harbored ambitions for the role, is a Democrat, though Trump himself was once a Democrat. This potential appointment has stirred discussions about Dimon's stance on cryptocurrency, with some speculating that he might shift from his traditionally anti-crypto position, especially in light of Larry Fink's recent pro-crypto stance. Additionally, if Dimon were to sell his JPMorgan stock, he could realize a $300 million tax shield. Trump's consideration of Dimon is thought to be a strategic move to gain Dimon's advocacy in the coming months.
Things will get very interesting if Jamie Dimon comes out publicly in support of bitcoin.
First Donald Trump and Larry Fink, now Jamie Dimon is becoming pro #Bitcoin Things are turning really fast 🤯 https://t.co/Y1jena1we7
Maybe you don’t realize Jamie Dimon would realize a $300mm tax shield on selling his $JPM stock if he were to become Treasury Secretary. Now you do. Donny is floating it in hopes Dimon will advocate for him in next 4 mos. I’m not optimistic Dimon won’t play. A den of whores.
