A few days after winning the 2024 elections, President Donald Trump ruled out offering a post to JPMorgan Chase & Co.’s (NYSE:JPM) CEO Jamie Dimon in his second-term administration.
At the APEC CEO Summit in 2024, Peru, when Dimon was asked about Trump's stance, he responded on a lighter note, "I wish the president well and thank you, it's a very nice note, but I just want to tell the President also I haven't had a boss for 25 years and I'm not about ready to start." However, the JPMorgan CEO expressed his good wishes for the newly elected President then and emphasized that the incoming administration would be grappling with the most intricate geopolitical, military, and geoeconomic issues since World War II.
He underscored the significance of a collaborative approach between the government and businesses for the country's growth strategy.
Read Also: Trump Expresses Disbelief At Fed Chair Kevin Warsh's Decision To Hold Rates Steady: 'Whatever' Dimon's Take On Treasury Role In July 2024, during his Presidential run, Trump had expressed his consideration of Jamie Dimon for the Treasury Secretary position if he emerged victorious, despite previously calling the JPMorgan CEO a "Highly overrated Globalist." Later, he passed over Dimon's name and eventually confirmed Scott Bessent for the role.
