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Trump Considers Appointing JPMorgan’s Jamie Dimon as Secretary

Trump Considers Appointing JPMorgan’s Jamie Dimon as Secretary

“I have a lot of respect for Jamie Dimon,” former President Donald Trump said in a recent interview with Bloomberg Businessweek.
Win McNamee via Getty Images; David Becker via Getty Images

  • Donald Trump said Jamie Dimon “is someone I would consider” for Treasury secretary.
  • Trump told Bloomberg Businessweek that he has “a lot of respect” for the JPMorgan CEO.
  • Trump had previously called Dimon a “highly overrated globalist” for supporting his Republican rival, Nikki Haley.

It appears Jamie Dimon could have a spot in former President Donald Trump’s cabinet if the Republican candidate wins in November.

Trump heaped praise on the JPMorgan boss in an interview with Bloomberg Businessweek published Tuesday.

“I have a lot of respect for Jamie Dimon,” Trump told the outlet.

“He’s someone I would consider, for sure,” he added when asked if Dimon could be his next Treasury secretary.

The comments are surprising, considering how angry Trump was when Dimon endorsed his rival Nikki Haley’s presidential campaign.

“Even if you’re a very liberal Democrat, I urge you to help Nikki Haley, too,” Dimon told attendees of The New York Times DealBook Summit in November. “Make a choice on the Republican side that might be better than Trump.”

Dimon’s call for donations for Haley quickly drew Trump’s ire. The former president called Dimon a “highly overrated globalist” in a November article on Truth Social.

“I was never a big fan of Jamie Dimon, but I had to live with the guy when he came begging for the White House. I guess I don’t have to live with him anymore, and that’s a very good thing!” Trump wrote in November.

Right-wing figures use the word “globalist” refer a fringe conspiracy theory about cabal of elite individuals secretly control the world. Trump has been known to use the term as an insult: he called his former protégé, Florida Gov. Ron DeSantis, a “RINO globalist.”

But it seems Trump now feels differently about Dimon.

For one thing, Haley no longer poses a threat to Trump’s presidential ambitions. The former South Carolina governor ended her presidential campaign in March and threw her support behind Trump at the Republican National Convention on Tuesday.

Dimon also softened his stance on Trump and praised the former president’s political record in January.

“He’s kind of right on NATO. He’s kind of right on immigration,” Dimon told CNBC at the World Economic Forum’s annual meeting in Davos. “He’s grown the economy pretty effectively. Tax reform worked. He was right on some aspects of China.”

To be sure, Dimon has not indicated that he plans to leave JPMorgan anytime soon. At the bank’s investor day in May, Dimon said he planned to stay for another three and a half years, according to Reuters.

That said, Dimon has not completely ruled out a career in politics.

“Obviously it crossed my mind because people talk to you about certain things and that kind of thing. I love my country, and maybe one day I’ll serve my country in some way,” Dimon told Bloomberg TV in May.

Representatives for Trump and Dimon did not immediately respond to Business Insider’s requests for comment sent outside of normal business hours.