While the Democratic Party is scrambling to figure out who exactly will run against Donald Trump in the upcoming presidential election, Trump is already making plans to fill his cabinet.
And he’s courting one of the biggest names in Wall Street as a potential fit for Treasury Secretary.
According to a report by Fox Business, if Trump is elected, he would consider JPMorgan Chase CEO Jamie Dimon serving with him.
“I have a lot of respect for Jamie Dimon,” Trump told Bloomberg in an interview published last Tuesday. When directly asked whether Dimon could be his next Treasury secretary, Trump responded, “He is somebody that I would consider, sure.”
It hasn’t been a lovefest from the beginning — Trump and Dimon have butted heads in the past.
Trump has been critical of Dimont, most recently last year, when he referred to the JPMorgan boss as a “Highly overrated Globalist” on his Truth Social platform.
However, Dimon recently praised some of Trump’s positions and policies.
“Take a step back, be honest. He was kind of right about NATO, kind of right on immigration. He grew the economy quite well. Trade tax reform worked. He was right about some of China,” Dimon told CNBC earlier this year. “He wasn’t wrong about some of these critical issues.”
In the same Bloomberg interview released last, Trump said he would allow Federal Reserve Chair Jerome Powell to finish his term at the helm of the central bank if he wins the November election.
Although he was nominated to lead the central bank by Trump in 2017, Powell faced criticism from Trump, who repeatedly threatened to fire the Fed chief and admonished him as a “bonehead” for raising interest rates.