Trump Team Considering Dimon for Treasury Secretary, CNBC Says

Jamie Dimon

Photographer: Andrew Harrer/Bloomberg

President-Elect Donald Trump’s advisers are considering JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon for Treasury secretary, CNBC reported, citing two people familiar with the matter.

Dimon isn’t interested, one of the people told CNBC.

The JPMorgan CEO said Wednesday that Trump’s surprise victory and the U.K.’s vote to leave the European Union are signs of frustration with a lack of economic opportunity that shouldn’t be ignored. Dimon, 60, was one of the few Wall Street leaders to indicate a presidential preference when he said last month while discussing his hopes for the next president that “she reaches across the aisle.”

Andrew Gray, a spokesman for JPMorgan, declined to comment on the CNBC report. A Trump campaign spokeswoman didn’t immediately respond to a request for comment.

During this year’s contentious U.S. campaign between Trump and Hillary Clinton, Dimon repeatedly emphasized the need for bipartisan collaboration. In 2012, he said he was still “barely” a Democrat and criticized the economic views of some politicians in the party.

Even though Trump has spent months attacking bankers and investors as members of a criminal global elite, he’s relied on them for campaign support. Chief fundraiser Steven Mnuchin and Republican National Committee finance chairman Lew Eisenberg were both Goldman Sachs Group Inc. partners. The head of presidential appointments for his transition, William Hagerty IV, is a private equity executive.

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