U.S. President-elect Donald Trump has announced that JPMorgan Chase CEO Jamie Dimon, a vocal crypto critic, will not be invited to join his administration. Trump wrote on his social media platform Truth Social on Thursday: “I respect Jamie Dimon, of JPMorgan Chase, greatly, but he will not be invited to be a part of the Trump Administration. I thank Jamie for his outstanding service to our Country!” The JPMorgan executive has participated in several high-profile meetings with the Biden administration, focusing on economic recovery, infrastructure, banking regulations, and financial stability. These meetings typically included other corporate executives, policymakers, and administration officials to address critical economic challenges. President-elect Trump has appointed several prominent business leaders to key positions in his forthcoming administration, including Elon Musk and Vivek Ramaswamy. These appointments underscore Trump’s strategy of integrating private sector expertise into government roles to enhance operational efficiency and drive economic growth.

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