Blankfein Quips Dimon Should Run Treasury for Two Reasons

  • Goldman CEO shrugs off his appearance in negative Trump ad
  • He doubts Trump will revive Glass-Steagall law to split banks

Jamie Dimon.

Photographer: Andrew Harrer/Bloomberg
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Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein said he sees a few “terrific aspects” to the prospect of President-elect Donald Trump asking Jamie Dimon to serve as U.S. Treasury secretary.

“He would be a great Treasury secretary, and he has been a terrific competitor,” Blankfein said at a conference in New York on Thursday about his counterpart atop JPMorgan Chase & Co. “With that one move, you would kill two birds with one stone.”