Trump Said To Consider Jamie Dimon For Treasury Secretary; Dimon Not Interested

Tyler Durden's picture

One week ago, when the prospect of a Trump presidency was "calculated" as being anywhere between 0% and 20% by so-called experts, we reported that Trump's campaign finance chair, Goldman Sachs partner and Soros Fund management alum, Steven Mnuchin, was being positioned for something much larger as Donald Trump reportedly told his aides today that he wants Mnuchin to serve as his Treasury Secretary.

Now, according to CNBC, Trump has decided to expand beyond just Goldman alumni, and is allegedly considering JPMorgan CEO Jamie Dimon as the next US Treasury Secretary.

Needless to say, we can only hope that this is an attempt to scare clicks by CNBC instead of the actual truth, because if Trump hopes that he can "drain a swamp" by hiring the swamp puppet master, he - and millions of his supporters - will be very disappointed.

As for Dimon, or Mnuchin, they will be delighted: as a reminder, as Hank Paulson demonstrated so well, the only reason why bankers become Treasury Secretaries, is to be allowed to sell all their corporate stock upon moving to public office, tax free.

That said, as CNBC also adds, Dimon passed on the opportunity: "In the wake of Donald Trump's upset victory, advisors have floated the idea of naming Jamie Dimon as treasury secretary, according to two people familiar with the matter, but one of them added that the JPMorgan chief has said he would not be interested in the role."

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A L I E N's picture

Told you his acceptance speech was a 180 for previous talk.

AlaricBalth's picture

Why not make it Jon Corzine???

Dimon, Corzine, Blankfein. All the same crooks.

Pinto Currency's picture

Put Dimon in charge of investigating gold and interest rate manipulation.

Let justice be done.

eforce's picture

I think most people here were cautiously optimistic with Trump, as long as you hold on to your 2nd ammendment you'll be fine.

InjectTheVenom's picture

hey Mr Trump if you or your people are reading this ...


(hint : Dimon is part of the swamp...yes, the "swamp" that WE ELECTED YOU TO FUCKIN' DRAIN !!!)

eforce's picture

Another pov: Keep your friends close, keep your enemies closer?

strannick's picture

Well that didnt last long

EmmittFitzhume's picture

Don't believe these people. The media is still the establishment and will die off as the establishment. As long as they are still around they will say/do whatever it takes to destroy their enemies.  Trump knows what Dimon has done to our economy. He'll never bring him on as Treasury Secretary

espirit's picture

I concur, consider the source.

Masters of Deiceit would love to get your panties in a wad.

BigJim's picture

Well maybe the ZH comment section will now return to being a Libertarian hangout. I, for one, am sick of the endless Trump-worship around here.

It's embarrassing.

Kotzbomber747's picture

Hahaha, so that didn't take long! Poor ZH-ers, all thinking and hoping for The Donald to change things....NOT! 

Drain the swamp? Hell no, Donald will fill the swamp with his own people. 

How naieve could anyone be that a suposed billionaire and real estate mogul would NOT have any obligations and connections to Wall Street, TPTB and the big banks..!? 

Bokkenrijder's picture

Yes, I've been saying this for a long time!

The commentators here on Zero Hedge have been the perfect "useful idiots" in believing that "this time it will be different."


Go ahead with the negative kudos again... :-)

Ballin D's picture

Don't be fooled, you're the useful idiot here. They made the same kind of guesses when they tried to scare us about the vp pick. He ended up making a great pick and grabbed someone who wasn't even on the democrats' top 50 list of possibilities.

The Jackal's picture

It's not on my skin. I can take a man at his word, but you can only lie once.

Honestly, not surprised at all, but wouldn't change my vote. If he accomplishes 10% of what he promised and alluded to, he'll go down as a great president.

The bar is set pretty low these days.

HopefulCynical's picture

What makes you think the news has suddenly started telling the truth, FFS?!

SumTing Wong's picture

Jim Rickards, Jim Grant, Kyle Bass...three names that shoud be at the front of a very long list of people who are better choices than Dimon.

X_in_Sweden's picture
X_in_Sweden (not verified) SumTing Wong Nov 10, 2016 1:33 PM

Jim Rickards IS[!] Cia.

His argumentation is always 90-95% factual, the remaining 5-10% is always disinfo.

He doesn't believe 9/11 was an inside-job!!!

The other 2, Jim Grant & Kyle Bass are not well-known patriots & are in no way proven to be 100% anti-nwo.

A. Boaty's picture

The disappointment begins. Change you can't believe in.

ThirteenthFloor's picture

+1. Yes why would a Frog drain the swamp, the dude lives there.

Trump said hundreds of times, he was the "king of debt", and was okay with printing your way out. That is why all bankers portfolios moved around the past two days.

Trump: U.S. will never default 'because you print the money'

Silky Johnson's picture

Agreed, but it sure is going to be damn fun watching these cocksuckers squirm as they find out they've been duped by the Orange Clinton.

edotabin's picture

Trust but verify. I will consider the final result.

Tall Tom's picture





Congress has to confirm the final choice. Remember? Confirmation Hearings?

Uncertain T's picture

This has to be a joke .... The Donald is also rumored to consider Podesta for NSA.... Million Dollar Bonus for Chief of Staff.... I could go on.

DjangoCat's picture

MDB for Chief of Staff, hilarious, how about Attourney General.  No knowledge of law required.

espirit's picture

Please do, while I refresh my popcorn and kool aid.

RaceToTheBottom's picture

This is the benefit of not tipping your hand too much on your plans until you have won the election.

Well played Trump.


Bring on the Globalist WS Banksters and NeoCon republican establishment.!!!


Totally humorous....


I guess the people saying there is no difference between presidential candidates were correct...

XWeatherman's picture

Trump wasn't a proven War Criminal.

Got The Wrong No's picture

This is CNBC reporting this people. They are still lying and trying to stir up the pot. You didn't think the establishment was going to lie down and let Trump play his cards. They are trying to incite violence and mayhem. They couldn't steal the election so now they are implementing plan B. Libs are at war with the unwashed masses who refused to heal. 

The Trolls are all over this story, both here and on Yahoo. Stay strong and don't be suckered into the deception.

Got The Wrong No's picture

It's funny that all the trolls are here planting seeds on a CNBC rumor and the People who stood by Trump are now caving because we have been invaded by Establishment Trolls. Come down, if he fucks up he will pay the price.

Belrev's picture


CNBC reporting - says it all.

Did not they lie to you all past year about Trump?

FL_Conservative's picture

Trump needs to ask Ron Paul to be Treasury Secretary.  That'll make Mr. Yellin die of a heart attack before the inauguration.

PT's picture

Okay, you win, but my ideas were good too.

BrigstockBoy's picture

You're delusional. Did you not see Trump's "victory" speech? Guiliani, Christie and Sessions? Not media driven, DJT driven. Trump's campaign finance head was ex-Goldman and former Soros employee. He's supposedly under consideration for top level position. Reince Priebus for chief of staff? Please, it's deja vu all over again. Drain the swamp? Hahaha, only if you consider Trump appointing all the gators to positions within his administration.

Got The Wrong No's picture

He hasn't done shit yet and clowns are taking victory laps and saying, "Told You" WTF

PT's picture

Trump, if you're reading this.  I nominate either Michael Burry or Steve Eisman.

Other than that, the guy you want is probably living on a park bench somewhere.  All the honest finance people were demoted or sacked for under-performance sixteen years ago.

A Nanny Moose's picture

Well said. The media is gasping for its last dying breath.

They should be the second group to be tossed out of helicopters.

Chris Dakota's picture
Chris Dakota (not verified) strannick Nov 10, 2016 12:12 PM

I hope he appoints Obama's brother Malik to Mooslim relations.

Malik "Im a muslim, you can't just let all these people in who we don't know so they can start shooting people"

Truth is if he fixes trade agreements, slows immigration and does not start wars we are way better of than having The Rodent.

crossroaddemon's picture

You know he can't fuck with the trade agreements without involving congress, right?

Belrev's picture

They all need to be reelected and voters will remember this one for sure.

pods's picture

Yeah but the medical trainwreck that is coming in the next couple of years has to be dealt with.

There is no pussyfooting around this one either.  The system is groaning because it is going to break.


crossroaddemon's picture

I've said it for years... there is no non catastrophic solution to helathcare in America... at least not one that is politically possible.

divingengineer's picture

Meet the new boss....same as the old boss. 

Sigh....And I had such hope, if even for a minute. 

Chris Dakota's picture
Chris Dakota (not verified) strannick Nov 10, 2016 12:20 PM
Former KGB Agent Yuri Bezmenov 1984

talking about Soviet subversion of nations:

"Once the period of normalization sets in, the only possible way to stop it is military intervention"

I guess we are going to learn that.

The best few hours I ever spent in my life 10 yrs ago was to watch his videos.

The Management's picture

Nah - total bullshit, a good joke at best.


Trumps mandate is so crystal clear that he wil be removed veers of course. (which would be easy cosidering how the left is taking this election result :)

Also he knows a thing or 2 about large numbers and the people who play with them.

RaceToTheBottom's picture

Well, I guess Bernie Madoff could not step forward?

Maybe Trump could place Blythe Masters to shore up his women numbers?