Trump Floated Jamie Dimon for Treasury Secretary, Then Denies It

What You Need to Know

The former president also denied that he was considering BlackRock CEO Larry Fink for the role.
Trump said in a recent interview that he supports developing the cryptocurrency industry.
Fink has said he’s become a big believer in crypto. Dimon remains skeptical.

Former President Donald Trump is disavowing a previous statement that he would consider JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon for Treasury secretary — and denied that he was considering BlackRock Inc.’s Larry Fink, too.

“I don’t know who said it, or where it came from, perhaps the Radical Left, but I never discussed, or thought of, Jamie Dimon or Larry Fink for Secretary of the Treasury,” Trump said in a post on his Truth Social platform on Tuesday.

It was Trump himself who said Dimon could be a potential cabinet member. In a June 25 interview with Bloomberg Businessweek, Trump talked about his recent meeting with CEOs hosted by the Business Roundtable in Washington.

“We had a great meeting. Jamie Dimon was there. I have a lot of respect for Jamie Dimon,” Trump said.

Asked if Dimon might be a future Trump Treasury secretary, Trump said, “He is somebody that I would consider, sure.”

Fink’s name surfaced in a New York Post column on Saturday, which reported that Trump was “still seeking out Fink for insights into the economy” despite their apparent political incompatibility.

BlackRock’s use of ESG — environmental, social and governance considerations — in its investing strategies has made it a target from some on the right. Fink has criticized Trump’s economic approach.