Trump Eyes Jamie Dimon for Treasury, Supports Powell's Term

1 min read
Source: Nikkei Asia
Trump Eyes Jamie Dimon for Treasury, Supports Powell's Term
Photo: Nikkei Asia
TL;DR Summary

Donald Trump, in a recent interview, stated he would consider JPMorgan CEO Jamie Dimon for the position of U.S. Treasury Secretary if he wins the 2024 presidential election. Trump also mentioned he would not attempt to oust Federal Reserve Chair Jerome Powell before his term ends in 2026. Despite past criticisms, Dimon has recently praised some of Trump's policies. Trump also proposed reducing the corporate tax rate to 15% and imposing new tariffs on imports.

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