Politics

Report: JPMorgan CEO Being Considered For Treasury Secretary

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Juliegrace Brufke Capitol Hill Reporter
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President-elect Donald Trump’s team is reportedly weighing JPMorgan CEO Jamie Dimon as a potential contender to run the Department of Treasury.

Dimon said, however, he isn’t interested in taking the position, sources told CNBC.

Dimon, a former supporter of President Barack Obama, has become gradually more critical of financial regulations put in place by the current administration, Business Insider reports.

Following the surprise upset, Dimon sent a memo to JPMorgan staffers, stating his confidence in the growth potential for the U.S. economy.

“We have just been through one of the most contentious elections in memory, which can make it even harder to put our differences aside,” the note, obtained by Business Insider, said. “But that makes it more important than ever to bind the wounds of our nation and to bring together Americans from all walks of life. Recognizing that our diversity is a core strength of our nation, we must all come together as fellow patriots to solve our most serious challenges.”

The note said he was hopeful “public, private and nonprofit sectors” will come together to fund solutions to the nation’s economic woes.

“I’m optimistic about America’s future and the role our company will continue to play as we help the nation address our challenges and move forward together,” it reads.

Goldman Sachs alum and Trump campaign finance chief Steven Mnuchin is also a name being floated for the job.

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