Former President Donald Trump Considers JPMorgan CEO Jamie Dimon for Treasury Secretary Role

YEREVAN (CoinChapter.com) — Former President Donald Trump, the current Republican ticket nominee, recently revealed during a Bloomberg interview his consideration of

Former US President Donald Trump has revealed his consideration of appointing JPMorgan CEO Jamie Dimon as Secretary of the Treasury if he wins the upcoming election.

This marks the first time Dimon has been publicly linked to a potential role in the Trump administration, despite their past differences.

Trump also intends to keep Federal Reserve Chair Jerome Powell in place, ensuring continuity in leadership at the Federal Reserve, which could significantly impact the US economy and monetary policy.

Trump's relationship with Dimon has been strained in the past. In November 2023, Trump called Dimon a “highly overrated globalist” on Truth Social.

However, in a recent interview, Trump acknowledged Dimon's capabilities, stating, “I have a lot of respect for Jamie Dimon.”

Dimon, on the other hand, has not been a supporter of Trump. He previously urged people to back Nikki Haley, a Trump opponent, for the Republican nomination.

Dimon is also known for his strong views against cryptocurrency. In a Congressional hearing on December 6, 2023, he stated,

“The only true use case for cryptocurrency is criminals, drug traffickers, money laundering, tax avoidance.”

Dimon added,

“If I were the government, I’d close it down.”

These statements come despite JPMorgan having its own blockchain token, JPM Coin.

Trump himself has been critical of Bitcoin and other cryptocurrencies in the past. In 2019, while serving as president, he posted on X,

“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”

He emphasized the dominance of the US Dollar, calling it the “most dependable and reliable” currency.

However, Trump's stance on Bitcoin appears to have softened recently. He is scheduled to speak at the Bitcoin Conference in Nashville from July 25 through 27.

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