Multiple reports have revealed that JPMorgan Chase CEO Jamie Dimon has been communicating with President-elect Donald Trump in recent months through secret back channels, helping Trump with advice on his policy-agenda.
Read More Report: Donald Trump Has Been Secretly Discussing WH Agenda With JPMorgan CEO Jamie Dimon For Months
President-elect Donald Trump will reportedly name Howard Lutnick, the co-chair of his transition team, to the role of commerce secretary, according to multiple sources.
Read More Report: Trump To Appoint Transition Team Co-Chair Howard Lutnick As Commerce Secretary
Treasury Secretary Janet Yellen will warn that the use of AI in finance could lower transaction costs, but carries “significant risks.”
Read More Yellen to warn of ‘significant risks’ from use of AI in finance
Following the announcement that the Inflation Reduction Act would provide the IRS with an additional $80 billion in budget, the Biden administration had made an effort to convince American taxpayers that this money would not increase their likelihood of being audited by the agency.
Read More IRS Audits Low Earners ‘5X More Often’ Despite Biden’s Pledge Against Increased Audits for Low to Middle Class
His comment comes just a day after the bill passed giving ByteDance about six months to divest the U.S. assets or face a ban.
Read More Former Treasury Secretary Mnuchin putting together investors to buy TikTok, CNBC reports
with Richard Stern – 01/13/2023
Read More Yellen: U.S. Will Begin “Extraordinary Measures” To Stay Under Debt Limit