Speculation has been abounding that JPMorgan Chase Chief Executive Jamie Dimon will be named Treasury Secretary under the Trump administration, but according to a report, Dimon isn’t interested and Trump is trying to save face. Seeking Alpha, citing a tweet from Hallie Jackson, NBC correspondent...
The technology sector is bracing for more scrutiny of their hiring practices once President-Elect Donald Trump and proposed Attorney General Sen. Jeff Sessions come into power in January. According to a report by Reuters, Sessions has long been against the skilled worker program, which, via H-1B...
Can’t we all just “get along?” For months, during the election, there was a contentious push-and-pull between President-Elect Donald Trump and Silicon Valley. Now, that the reality of a Trump administration has settled in — not to mention the drubbing that many of the tech stocks have...
President-elect Donald Trump’s decision to name Stephen Bannon as his chief strategist is drawing the ire of a handful of senators, who issued a scathing letter Wednesday (Nov. 16) calling on financial services trade groups to condemn Bannon’s appointment. At the center of their dismay...
Some of the big tech companies have reportedly sent President-elect Donald Trump a fine-combed list of their priorities when it comes to policy and issues, especially focused on encryption, immigration reform and protection liabilities related to digital platforms. The letter came from the Internet Association,...
U.S. banks had a lot to cheer about after Donald Trump won the presidential election, with shares of most bank stocks surging. But that euphoria isn’t expected to be short-lived, with Reuters reporting the rally last week is just a little taste of what is to...
President-elect Donald Trump appears to be embracing a plan put forth this past summer by Jeb Hensarling, the Republican chair of the U.S. House Financial Services Committee, that aims to weaken the Dodd-Frank law, reported Reuters. According to the report, language posted on the Trump transition website...
Ever since Donald Trump won the presidency, shares of bank stocks have been surging, lining the pockets of their CEOs to the tune of $159 million. That’s according to a calculation by Forbes, which found that Jamie Dimon, the head of JPMorgan, got the largest windfall...
Peter Thiel, the PayPal cofounder, investor and a rare Trump supporter in Silicon Valley, has been named to the president-elect’s transition team. Trump confirmed the appointment on his website, saying: “Together, this outstanding group of advisors, led by Vice President-elect Mike Pence, will build on...
