WASHINGTON, Nov 14 (Reuters) - JPMorgan Chase ( JPM )
CEO Jamie Dimon will not be invited to be a part of Donald
Trump's administration, the U.S. president-elect said on social
media on Thursday.
"I respect Jamie Dimon, of JPMorgan Chase ( JPM ), greatly, but he
will not be invited to be a part of the Trump Administration,"
Trump said in his post.
A source told Reuters last week Dimon will remain at the
bank and had no plans to join Trump's administration after
earlier having been the subject of speculation as a Treasury
secretary candidate in the run-up to the Nov. 5 election.
Trump, a Republican, beat Democratic Vice President
Kamala Harris in the election. Dimon said last month that his
chances of taking an official post were "almost nil".
Trump is yet to announce a Treasury secretary pick.
Billionaire banker Howard Lutnick and investor Scott Bessent are
the
top contenders
for the role, sources have told Reuters.
Dimon, who is one of the most prominent leaders in
corporate America, has run JPMorgan ( JPM ) for almost 19 years.
Dimon and other members of the bank's operating
committee congratulated Trump and other elected representatives,
according to a memo to staff last week seen by Reuters.
The outspoken CEO travels frequently to Washington to
speak with policymakers and has expressed views on everything
from housing and the U.S.-China relationship to the economy. He
continued his tradition of not endorsing any presidential
candidate this year.