Donald Trump walks back support for Jamie Dimon as his Treasury secretary
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SUMMARY
Former President Donald Trump retracted his suggestion of JPMorgan Chase CEO Jamie Dimon for Treasury secretary. On Truth Social, Trump denied discussing Dimon or BlackRock CEO Larry Fink for the position, contradicting his recent Bloomberg interview where he mentioned Dimon as a potential nominee. Trump had expressed respect for Dimon, acknowledging him as a possible Treasury candidate. Dimon, leading JPMorgan since 2006, has shown interest in serving his country but hasn't confirmed any government ambitions. This reversal follows Trump previously criticizing Dimon as a "Highly overrated Globalist." Despite condemning the January 6 Capitol attack, Dimon has praised some of Trump's policies, including those on NATO, immigration, and economic growth.