Trump confirms Jamie Dimon will not be part of the government

President-elect Donald Trump refuted rumors that he would appoint JPMorgan Chase CEO Jamie Dimon to a position in the administration.

“I greatly respect Jamie Dimon of JPMorgan Chase, but he will not be invited to join the Trump Administration. I thank Jamie for his outstanding service to our country!” he posted on Truth Social.

Earlier this year, reports emerged that Trump was considering Dimon as Treasury Secretary, though he promptly denied this. Trump’s latest statement comes as he announces his Cabinet picks, some of which have shocked Washington.

At the time of writing, he has not yet made a choice to lead the Ministry of Finance.