Jamie Dimon reveals why he wouldn’t take a job in the Trump administration

Prior to the election earlier this month, the Wall Street veteran was peppered with questions and rumors about a potential role in either the Trump or Harris administration.

The President-elect has now ruled Dimon out of a place in his cabinet—despite the team at JPMorgan continually insisting its CEO has no interest in moving into politics.

Despite that, Trump wrote on his social media platform Truth Social on Thursday: “I respect Jamie Dimon, of JPMorgan Chase, greatly, but he will not be invited to be a part of the Trump Administration.

“I thank Jamie for his outstanding service to our country!”

While the billionaire banker seemed somewhat flattered by the comment from America’s next commander-in-chief, Dimon did push back on the notion that he would ever have joined a team under Trump.

Speaking at the Asia-Pacific Economic Cooperation CEO Summit moments after Trump’s post went online, Dimon said: “First of all, I wish the president well, and thank you, it’s a very nice note. 

“But I just want to tell the president also, I haven’t had a boss in 25 years and I’m not about ready to start.”

Whether or not the Republican candidate was actually considering approaching Dimon with a role is something of a mystery.

In a June interview with Bloomberg Trump said Dimon is “somebody that I would consider, sure” for a role like Treasury Secretary.

A month later, Trump backpedaled, writing on Truth Social he didn’t “know who said it” and claimed the notion perhaps came from “the Radical Left.”

Despite distancing himself from a role in government, Dimon set out the immediate issues the next Oval Office should focus on.

“The most important thing is whoever had been elected—and this is my belief—they are entering and are going to be responsible for the most complicated geopolitical military and geoeconomic situation that the world has faced since World War Two,” Dimon said.

“Of course I wish him all the best … this could be a difficult thing with a lot of unknowns and uncertainties and so policy is going to matter.”

Dimon on Trump tariffs

While Dimon clearly has no plans to work for Trump, he did offer some insights into how business leaders should prepare to work around his policies.

A Trump proposal that has particularly…