JPMorgan Chase CEO Jamie Dimon’s identify has been floated for a Cupboard function within the White Home by former President Donald Trump — and now, in keeping with a report, of us in Vice President Kamala Harris’ orbit.
In June, Donald Trump instructed Bloomberg in an interview that he would contemplate Dimon for a possible function as Treasury Secretary.
Dimon additionally seems to be an choice for Harris’ cupboard.
A supply accustomed to the matter instructed CNBC that amongst names floated, Harris’ orbit has talked about Dimon for a similar function in conversations that occurred throughout the Democratic Nationwide Conference this week in Chicago.
A spokesperson for the Harris marketing campaign and a spokesperson for JPMorgan didn’t reply to a request for remark.
Dimon has beforehand tried to tame hypothesis a couple of potential White Home function amid discussions round his retirement and an August op-ed in The Washington Submit through which he known as for unity however stopped in need of endorsing a 2024 candidate.
When the CEO was requested in August if he would take up the Treasury Secretary function throughout an interview on CNBC’s “The Change,” Dimon prevented giving a direct reply however appeared to recommend that he was centered on his present function at JPMorgan.
“I’m very proud of what I am doing,” he stated within the interview. “I say it again and again, however I am very proud of what I am doing.”
CNBC’s Leslie Picker adopted up: “So that may be a no to President Trump for those who have been known as — “
“I am very proud of what I am doing,” Dimon interrupted.
Dimon additionally has hinted at an impending retirement.
For years, Dimon has teased that he would retire within the subsequent 5 years, however the CEO stated in Might at an annual investor assembly that the timeline was “not 5 years anymore” and {that a} plan to announce a successor was “properly on its manner.”
“Properly, finally, I’ve to go away,” Dimon instructed CNBC, including: “However even when I am carried out as CEO, I could be chairman for a 12 months or two. It’s very as much as the board at that time. So I’ve some time to go earlier than I am out of the corporate.”
