Republican presidential candidate Donald Trump has quashed reports suggesting he may consider appointing JPMorgan CEO Jamie Dimon or BlackRock CEO Larry Fink as secretary of the Treasury if reelected.
In a July 23 post on his Truth Social platform, Trump said neither Dimon nor Fink was part of his plans for a potential cabinet if he were victorious in November. He seemed to contradict an exclusive report released on July 16 by Bloomberg Businessweek, whose team sat down with Trump in June.
“I don’t know who said it, or where it came from [...] but I never discussed, or thought of, Jamie Dimon or Larry Fink for Secretary of the Treasury,” said Trump.
Bloomberg reported that Trump had said he would consider Dimon as secretary of the Department of the Treasury. On July 20, the New York Post reported that the Republican nominee was considering Fink for the same position.
CEOs weren’t always bullish
Dimon has previously expressed anti-crypto views, including saying digital assets were exclusively used for “criminals, drug traffickers, money laundering, tax avoidance” and that he would shut crypto down if he were in government. Fink recently said he had changed his views on Bitcoin (BTC), shifting from being a crypto skeptic to calling the coin “digital gold” and a “legitimate” financial instrument.
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Trump’s social media post was one of the latest targeting the media and Democrats following the announcement that US President Joe Biden would not run for reelection in November. Vice President Kamala Harris, who secured enough delegates to become the prospective Democratic nominee, is expected to face off against Trump.
It’s unclear whether Trump has assembled a potential list of candidates to fill his cabinet if reelected. He only announced his running mate, Ohio Senator JD Vance, during the Republican National Convention on July 15. Vice President Harris reportedly has several potential running mates under consideration as well, each with different views on crypto.
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