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July 23, 2024 at 03:16 PM
What You Need to Know
- The former president also denied that he was considering BlackRock CEO Larry Fink for the role.
- Trump said in a recent interview that he supports developing the cryptocurrency industry.
- Fink has said he’s become a big believer in crypto. Dimon remains skeptical.
Former President Donald Trump is disavowing a previous statement that he would consider JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon for Treasury secretary — and denied that he was considering BlackRock Inc.’s Larry Fink, too.
“I don’t know who said it, or where it came from, perhaps the Radical Left, but I never discussed, or thought of, Jamie Dimon or Larry Fink for Secretary of the Treasury,” Trump said in a post on his Truth Social platform on Tuesday.
It was Trump himself who said Dimon could be a potential cabinet member. In a June 25 interview with Bloomberg Businessweek, Trump talked about his recent meeting with CEOs hosted by the Business Roundtable in Washington.
“We had a great meeting. Jamie Dimon was there. I have a lot of respect for Jamie Dimon,” Trump said.
Asked if Dimon might be a future Trump Treasury secretary, Trump said, “He is somebody that I would consider, sure.”
Fink’s name surfaced in a New York Post column on Saturday, which reported that Trump was “still seeking out Fink for insights into the economy” despite their apparent political incompatibility.
BlackRock’s use of ESG — environmental, social and governance considerations — in its investing strategies has made it a target from some on the right. Fink has criticized Trump’s economic approach.
