Donald Trump has denied reports that he plans to hire either JPMorgan CEO Jamie Dimon or BlackRock CEO Larry Fink as Treasury Secretary if he’s re-elected as President.
“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 wrote to his social media platform Truth Social on Tuesday.
In truth, speculation surrounding both financial heavyweights stemmed from initial reports by Bloomberg and the New York Post last week, and spread like wildfire among curious and excited Bitcoin fans.
On June 16, Bloomberg published a transcript of an interview it had conducted with Trump in late June, during which Trump apparently floated Dimon as a valid pick.
Trump Floats Bitcoin Critic and JP Morgan CEO Jamie Dimon for Treasury Secretary
Former U.S. President and current Republican nominee Donald Trump floated JP Morgan Chase CEO Jamie Dimon as a potential Treasury Secretary pick, praising the influential Wall Street figure and noted Bitcoin skeptic in an interview published by Bloomberg Businessweek Tuesday. “I have a lot of respect for Jamie Dimon,” Trump said. “He is somebody that I would consider.” Dimon was present last month among 70 CEOs from major firms at a meeting in Washington, D.C., which Trump described as a “lovefe...
“I have a lot of respect for Jamie Dimon,” Trump said, according to Bloomberg. “He is somebody I would consider.”
As reported by Decrypt, Trump also claimed that Dimon’s opinions on Bitcoin may have started to flip positive, based on the President’s prior meeting with him. “Jamie Dimon was, you know, very negative, and now all of a sudden he’s changed his tune a little bit,” Trump said.
Meanwhile, the New York Post soon countered the Jamie Dimon speculation with claims about the “odd” and “interesting” relationship between Larry Fink and Donald Trump. BlackRock managed Trump’s investment portfolio for years, he noted, while claiming that Trump is still “seeking out Fink for insights into the economy.”
BlackRock CEO Backs Bitcoin as Investment for Those 'Frightened of the World'
BlackRock CEO Larry Fink gave perhaps his most full-throated endorsement of Bitcoin yet on Monday, dubbing himself a “major believer” in the world’s top cryptocurrency—while simultaneously framing the asset as a choice investment for those with pessimistic outlooks on the world. “It is a legitimate financial instrument,” Fink said during an appearance on CNBC Monday morning. “I believe it is an instrument you invest in when you’re more frightened, though.” Fink’s comments come just two days aft...
“Trump likes to tout JPMorgan super-banker CEO Jamie Dimon as a possible Treasury secretary, but it’s really Fink whom he likes, respects and speaks with, I am told,” the Post wrote.
Larry Fink’s firm is now home to the world’s largest Bitcoin ETF. Fink himself has said he’s a “major believer” in Bitcoin, calling it an investment for those “frightened of the world.”
Edited by Andrew Hayward
