Trump May Appoint Jamie Dimon, a Bitcoin Critic, as Treasury Secretary

Last Updated on July 18, 2024

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Key Takeaways:

  • Trump would consider JPMorgan CEO Jamie Dimon for Treasury Secretary and keep Jerome Powell as Fed Chair if re-elected.
  • Trump’s past criticisms of Dimon, calling him a “highly overrated globalist,” have evolved into expressed respect.
  • Both Trump and Dimon have previously criticized cryptocurrencies, with Dimon calling for government shutdowns of digital assets.

Former President and current Republican nominee Donald Trump recently mentioned that if re-elected, he would consider JPMorgan CEO Jamie Dimon for the role of Treasury Secretary and keep Jerome Powell as Federal Reserve Chair.

This information emerged during a Bloomberg interview conducted in late June and published on July 16.

Trump’s relationship with Dimon has been rocky, with Trump previously calling Dimon a “highly overrated globalist” and Dimon supporting Trump’s rival Nikki Haley.

Despite their past differences, Trump expressed respect for Dimon in the interview, indicating he might consider him for the Treasury role, although this is not confirmed.

Dimon has been critical of cryptocurrencies, calling them tools for criminals and advocating for government shutdowns of these digital assets.

Trump has also criticized Bitcoin and other cryptocurrencies in the past but seems to have softened his stance.

Trump is scheduled to speak at the Bitcoin Conference in Nashville from July 25 to 27, where he might reveal more details.

About The Author

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Victor Fawole, a seasoned Web3 content creator and social media influencer, excels in bringing the pulse of the crypto world to our readers.

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