Sat Nov 16 18:20:00 UTC 2024: ## Trump Rules Out JPMorgan Chase CEO Jamie Dimon for Cabinet Position
**NEW YORK, November 15, 2024** – President-elect Donald Trump has officially declared that JPMorgan Chase CEO Jamie Dimon will not be joining his administration. Trump announced the decision on Truth Social, stating, “I respect Jamie Dimon… greatly, but he will not be invited to be a part of the Trump Administration.” He added a thank you for Dimon’s “outstanding service to our Country!”
Dimon, a registered Democrat who has at times supported Republican candidates, confirmed he had no interest in a cabinet position, stating at the Asia-Pacific Economic Cooperation CEO Summit that he hasn’t had a boss in 25 years and isn’t ready to start now.
The announcement follows weeks of speculation regarding Dimon’s potential appointment as Treasury Secretary. While reports suggested Dimon had no intention of accepting such a role, Trump’s public declaration has drawn attention, with former Obama advisor David Axelrod characterizing the president-elect’s method of announcing non-appointments as “bizarre.”
The relationship between Trump and Dimon has been complex. Dimon has previously defended Trump’s policies on several occasions, but also reportedly privately supported Vice President Kamala Harris. Last year, Trump publicly criticized Dimon for allegedly supporting Nikki Haley’s presidential bid. Earlier this month, Trump shared a false claim that Dimon had endorsed him for president.
This latest development adds another layer to the ongoing narrative surrounding Trump’s cabinet selections, and highlights the sometimes unpredictable nature of his decision-making process.