I hear Biden is looking at Jamie Dimon for secretary of the treasury? For real? Talk about putting the fox in charge of the henhouse.
The secretary of the treasury is the person in charge of the IRS. The US is missing a ton of money because the rich aren't paying their taxes. The IRS needs to be going after these rich assholes to force them to pay what they owe.
Rich people hate paying taxes and there is no way someone like Dimon is going to crack down on his buddies.
I can kinda-sorta see putting him or someone like him in a monetary policy role. Like, maybe he knows about the magic interest rates that will make line go up.
But that's a terrible reason to put him in charge of the entire department of the treasury.