Jamie Dimon warned of economic threats as his bank posted its biggest annual profit ever
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Donald Trump and Elon Musk's DOGE, bracing for tariffs, and no Jamie Dimon: Politics news roundup

Donald Trump and Elon Musk's DOGE, bracing for tariffs, and no Jamie Dimon: Politics news roundup

Plus, big changes are coming to the FTC and Treasury

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Image for article titled Donald Trump and Elon Musk's DOGE, bracing for tariffs, and no Jamie Dimon: Politics news roundup
Graphic: Images: Kevin Dietsch, Chip Somodevilla, Samuel Corum, RYAN COLLERD

President-elect Donald Trump is set to take office in a matter of months after handily defeating his rival at the ballot box. Here’s the latest on what that means for consumers, federal agencies, corporate America, and — of course — Elon Musk.

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Under Chair Lina Khan, the Federal Trade Commission aggressively pursued litigation against major mergers. That could slow down with President-elect Donald Trump back in the White House.
Under Chair Lina Khan, the Federal Trade Commission aggressively pursued litigation against major mergers. That could slow down with President-elect Donald Trump back in the White House.
Photo: Kevin Dietsch (Getty Images)

With President-elect Donald Trump returning to the White House, a changing of the guard at the Federal Trade Commission (FTC), a usually uncontroversial agency, is set to take place within a handful of months.

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Image for article titled Donald Trump and Elon Musk's DOGE, bracing for tariffs, and no Jamie Dimon: Politics news roundup
Photo: Chip Somodevilla (Getty Images)

Donald Trump has unambiguously positioned himself as a pro-business slasher of red tape. As he prepares to return to the White House for a second term, the financial sector is ready for a new era of more lax regulations and oversight — and the windfall that could come with it. — Rocio Fabbro

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Elon Musk
Elon Musk
Photo: Samuel Corum (Getty Images)

Tesla (TSLA) and SpaceX CEO Elon Musk will be joined by Vivek Ramaswamy as “outside of government” consultants on federal spending for President-elect Donald Trump’s coming administration. Exactly what that means is still unclear.

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Image for article titled Donald Trump and Elon Musk's DOGE, bracing for tariffs, and no Jamie Dimon: Politics news roundup
Image: RYAN COLLERD (Getty Images)

Donald Trump’s re-election could spell trouble for retailers and consumers, especially if his proposal to implement major tariffs on imports comes to fruition. Everyday items, from shoes to toasters, could be impacted. Here’s how. — Francisco Velasquez

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Tesla and SpaceX CEO Elon Musk
Tesla and SpaceX CEO Elon Musk
Photo: Samuel Corum (Getty Images)

While some House races remain uncalled as the counting of votes continues, the 2024 election season is effectively over, with President-elect Donald Trump headed to the White House. But one of his biggest supporters isn’t ready to stop.

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Tesla and SpaceX CEO Elon Musk and President-elect Donald Trump at a campaign rally in Pennsylvania in October 2024.
Tesla and SpaceX CEO Elon Musk and President-elect Donald Trump at a campaign rally in Pennsylvania in October 2024.
Photo: Anna Moneymaker (Getty Images)

Tesla (TSLA) and SpaceX CEO Elon Musk is riding high right now. After months of work campaigning on President-elect Donald Trump’s behalf, his chosen candidate is heading back to the White House, proving that his latest gamble was a success — and earning him more sway with the upcoming administration.

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Image for article titled Donald Trump and Elon Musk's DOGE, bracing for tariffs, and no Jamie Dimon: Politics news roundup
Photo: Kevin Dietsch (Getty Images)

As President-elect Donald Trump finalizes some high-level roles in his incoming administration, JPMorgan Chase (JPM) chief Jamie Dimon is not in the running. — Rocio Fabbro

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Donald Trump speaks into a microphone at a podium
Photo: Joe Raedle (Getty Images)

Donald Trump is already narrowing his picks for Treasury Secretary, a high-level cabinet position that he’s looking to a slate of current and former finance industry executives to fill. — Rocio Fabbro

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Image for article titled Donald Trump and Elon Musk's DOGE, bracing for tariffs, and no Jamie Dimon: Politics news roundup
Photo: BRYAN R. SMITH (Getty Images)

Donald Trump’s impending return to the White House has boosted some industrial sectors he has historically championed and others he advocated for during his campaign. — Vinamrata Chaturvedi

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