It looks like Jamie Dimon could have a spot on former President Donald Trump’s Cabinet if the GOP nominee wins this November.
Trump was effusive in his praise for the JPMorgan chief in a Bloomberg Businessweek interview published Tuesday.
“I have a lot of respect for Jamie Dimon,” Trump told the outlet.
“He is somebody that I would consider, sure,” he added when asked if Dimon could be his next Treasury Secretary.
The remarks are surprising, considering how scathing Trump was when Dimon supported his rival Nikki Haley’s presidential campaign.
“Even if you’re a very liberal Democrat, I urge you, help Nikki Haley, too,” Dimon told attendees at The New York Times’ DealBook Summit in November. “Get a choice on the Republican side that might be better than Trump.”
Dimon’s call for Haley donations quickly drew Trump’s ire. The former president called Dimon a “highly overrated globalist” in a November Truth Social post.
“I’ve never been a big Jamie Dimon fan, but had to live with this guy when he came begging to the White House. I guess I don’t have to live with him anymore, and that’s a really good thing!” Trump wrote in November.
Right-wing figures use the word “globalist” to refer to a fringe conspiracy theory about a cabal of elite individuals secretly controlling the world. Trump has been known to use the term as an insult — he called his former protégé, Gov. Ron DeSantis of Florida, a “RINO globalist.”
But it looks like Trump may be feeling differently about Dimon now.
For one, Haley is no longer a threat to Trump’s presidential ambitions. The former South Carolina governor ended her presidential campaign in March and endorsed Trump at the Republican National Convention on Tuesday.
Dimon also softened his stance on Trump and praised the former president’s policy record in January.
“He’s kind of right about NATO. Kind of right about immigration,” Dimon told CNBC at the World Economic Forum’s annual meeting in Davos. “He grew the economy quite well. Tax reform worked. He was right about some of China.”
“I don’t like how Trump said things, but he wasn’t wrong about those critical issues. That’s why they’re voting for him. People should be more respectful of our fellow citizens,” says @JPMorgan CEO Jamie Dimon. “I think this negative talk about MAGA will hurt Biden’s campaign.” pic.twitter.com/WKnDjBvefO
— Squawk Box (@SquawkCNBC) January 17, 2024
To be sure, Dimon hasn’t indicated that he plans to leave JPMorgan anytime soon. During the bank’s investor day in May, Dimon said he intends to stay on for another three-and-a-half years, per Reuters.
That said, Dimon hasn’t ruled out a career in politics entirely.
“Obviously, it’s crossed my mind because people mention things to you and stuff like that. I love my country, and maybe one day I’ll serve my country in one capacity or another,” Dimon told Bloomberg TV in May.
Representatives for Trump and Dimon didn’t immediately respond to requests for comment from Business Insider sent outside regular business hours.
Read the full article here
