JP Morgan CEO Jamie Dimon could be Trump’s pick to head the Treasury in his new term

Politics is not constant. It is constantly evolving events that influence the outcomes of individuals, state and parties. After lashing out at JP Morgan CEO Jamie Dimon earlier, Donald Trump was full of praises for him. Dimon too has extended his whole hearted support to the Republican Party’s official presidential nominee ahead of the election in November.

Speaking in an interview, Trump indicated that he may consider the CEO of the top-notch company for an important position in the Cabinet, if he were to win the presidential election in November. Dimon who is expected to continue as the CEO for the next three years has expressed his interest in politics.

Important cabinet position:

Speaking to the Bloomberg Businessweek, Trump praised Dimon and said that he respected him. On being asked if we could consider Dimon to be a part of his cabinet, Trump answered in the affirmative. On further questioning if he could be the Treasury Secretary, Trump said that he was considering him for this important cabinet position.

Earlier confrontation:

Dimon had earlier called Trump’s competitor Nikki Haley as better than Trump. He had called on the voters to support her when the Republican Party was holding its primaries. Trump had also called Dimon “a highly over rated globalist”. He had said that Dimon had come begging to the White House.

What has changed?

Earlier in March, Nikki Haley ended her campaign. On Tuesday, she supported Trump after he received the presidential nomination. Dimon too had earlier praised Trump on various policy related issues. He supported Trump’s taxation policies, China policy and other important matters including immigration.

Jamie Dimon:

He is the CEO of JP Morgan and will continue to remain the CEO for a little over another three years. He has expressed his interest in politics and said he would like to serve the US, in one way or the other.

FAQs:

Has Donald Trump indicated who will be a part of his Cabinet?
The former president has to win the upcoming US Presidential Election first. He has not indicated who will be a part of his cabinet. There are various names doing the rounds. It is expected to be a combination of some old and new faces.

Has Trump’s presidential nomination given any advantage to the Republicans?
The party has announced the name of its official presidential nominee ahead of the elections even before the Democrats. This is expected to give them a slight edge and Trump is expected to campaign vigorously in the upcoming months.