This question is the follow up question to Operator norm increases under taking absolute value of all entries of a matrix, which (correctly) hypothesizes that for some matrix $A$ if we define matrix $B=(b_{ij})_{ij}$ with $b_{ij}=|a_{ij}|$, then we have $$\|A\| \le \|B\|.$$
Now my question is whether we also have
$$\|A^n\|\le \|B^n\|$$
This is likely true, but I have not found it yet. If I figure it out I will post an answer here.