Former President Trump is open to the idea of JPMorgan Chase CEO Jamie Dimon serving in his Cabinet if he wins a second term in the White House.
"I have a lot of respect for Jamie Dimon," Trump tells Bloomberg in an interview published Tuesday. When asked whether Dimon could be his next Treasury secretary, Trump responds, "He is somebody that I would consider, sure."
JPMorgan declines to comment on the report.
Trump has been critical of Dimon in the past, most recently last year, when he refers to the JPMorgan boss as a "Highly overrated Globalist" on his Truth Social platform.
Dimon, like many other corporate executives, condemns the Jan. 6, 2021, attack on the U.S. Capitol by Trump supporters who attempt to prevent Congress from certifying the results of the 2020 elections that Trump lost to Biden.
However, Dimon has recently praised some of Trump's positions and policies.
"Take a step back, be honest. He was kind of right about NATO, kind of right on immigration. He grew the economy quite well. Trade tax reform worked. He was right about some of China," Dimon tells CNBC earlier this year. "He wasn't wrong about some of these critical issues."
In the same Bloomberg interview released Tuesday, Trump says he would allow Federal Reserve Chair Jerome Powell to finish his term at the helm of the central bank if he wins the November election.
Although he was nominated to lead the central bank by Trump in 2017, Powell faced relentless criticism from the former president, who repeatedly threatened to fire the Fed chief and admonished him as a "bonehead" for raising interest rates.
July 18, 2024
More Articles
Here's How Much More Complex Trump 2.0 Tariffs Are — And How Much The Supreme Court Could Roll Things Back
The dawn of 2026 provides a direct measure of just how much additional paperwork US importers must wade through one year into Trump 2.0.
AI May Generate Only Half The Profit Needed To Justify The Investment, Goldman Analyst Warns
The S&P 500 hit a new record high yesterday, up 0.62% at 6,944.82. Futures are marginally down this morning, as might be expected.