Elections

Dimon to Trump: I Wouldn’t Have Joined Your Cabinet Anyway

Not Another Billionaire

Jamie Dimon had a pointed message for Donald Trump after the president-elect said he would not be part of his Cabinet.

WASHINGTON, DC - OCTOBER 24: JPMorgan Chase CEO Jamie Dimon speaks at The Institute Of International Finance annual membership meeting at the Ronald Reagan Building on October 24, 2024 in Washington, DC. Dimon spoke on JPMorgan Chase's expansion into Africa, global trade and financial technology. (Photo by Kevin Dietsch/Getty Images)
Kevin Dietsch/Getty Images

Despite rumors circulating on who could be joining Donald Trump’s new administration, Jamie Dimon is counting himself out. The JPMorgan CEO received a shoutout on Trump’s Truth Social account on Thursday, with the president-elect posting: “I respect Jamie Dimon, of JPMorgan CHASE, greatly, but he will not be invited to be a part of the Trump Administration.” However, the billionaire banker had no plans to regardless. “First of all, I wish the president well, and thank you, it’s a very nice note,” Dimon said at the Asia-Pacific Economic Cooperation CEO Summit in Lima, Peru. “But I just want to tell the president also, I haven’t had a boss in 25 years and I’m not about ready to start.” In June, Trump told Bloomberg that he would consider Dimon for a role like Treasury Secretary, and many had wondered if he’d join the administration. The president-elect later walked back the quote, and said that he didn’t “know who said it.”

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