
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.
Donald Trump's considering JPMorgan CEO Jamie Dimon as Treasury Secretary and says he's "changed his tune" on #Bitcoin and crypto. pic.twitter.com/9TmcISuted
— Watcher.Guru (@WatcherGuru) July 17, 2024
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.
Jamie Dimon is spot on here…
— Geiger Capital (@Geiger_Capital) January 17, 2024
“I don't like how Trump said things, but he wasn't wrong about those critical issues. That's why they vote for him. People should be more respectful of our fellow citizens.”
Biden calling 75 million Americans “MAGA extremists” is not uniting us. pic.twitter.com/7c8f14Hmf3
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.