#DrainTheSwamp: Donald Trump's choice for Treasury secretary may be JPMorgan CEO Jamie Dimon

Donald Trump's populist movement looks like it's going to start well

By Matthew Rozsa

Staff Writer

Published November 10, 2016 6:45PM (EST)

  (Reuters/Yuri Gripas)
(Reuters/Yuri Gripas)

Advisers to President-elect Donald Trump are floating the notion that Jamie Dimon, the CEO of JPMorgan, might be tapped as the new administration's next Treasury secretary.

Although one of these advisers acknowledged that Dimon has said as recently as September he would not be interested in the position and a spokesman for Dimon reiterated that stance when MSNBC reached out to him for comment, the speculation says a great deal about Trump's approach to running the Department of Treasury.

In addition to Dimon, one of the top names being floated is the Trump campaign finance chief, Steven Mnuchin, who formerly worked for Goldman Sachs. Trump is reported to have expressed preference for Mnuchin last Thursday.

Dimon has said that although he'd "love to be president," his throat cancer scare from two years ago has kept him away from the political arena.

"I don't necessarily assume I'm going to live for 10 years," he explained in an interview with CNN last year. "And you want to live very deliberately. You want to end every day and say, That was a good day."

Both Dimon and Mnuchin are Wall Street insiders who are unlikely to support the types of reforms that Trump's populist supporters were no doubt hoping for. Trump ran on "drain the swamp" messaging  and railed against the influence of Wall Street during the campaign.


By Matthew Rozsa

Matthew Rozsa is a professional writer whose work has appeared in multiple national media outlets since 2012 and exclusively at Salon since 2016. His diverse interests are reflected in his interview, including: President Jimmy Carter (1977-1981), Israeli Prime Minister Ehud Barak (1999-2001), animal scientist and autism activist Temple Grandin, inventor Ernő Rubik, comedian Bill Burr ("F Is for Family"), novelist James Patterson ("The President's Daughter"), epidemiologist Monica Gandhi, theoretical cosmologist Janna Levin, voice actor Rob Paulsen ("Animaniacs"), mRNA vaccine pioneer Katalin Karikó, philosopher of science Vinciane Despret, actor George Takei ("Star Trek"), climatologist Michael E. Mann, Washington Gov. Jay Inslee (2013-present), dog cognition researcher Alexandra Horowitz, Libertarian presidential candidate Gary Johnson (2012, 2016), comedian and writer Larry Charles ("Seinfeld"), Democratic vice presidential nominee Joe Lieberman (2000), Ambassador Michael McFaul (2012-2014), economist Richard Wolff, director Kevin Greutert ("Saw VI"), model Liskula Cohen, actor Rodger Bumpass ("SpongeBob Squarepants"), Senator John Hickenlooper (2021-present), Senator Martin Heinrich (2013-present), Egyptologist Richard Parkinson, Rep. Eric Swalwell (2013-present), media entrepreneur Dan Abrams, actor R. J. Mitte ("Breaking Bad"), theoretical physicist Avi Loeb, biologist and genomics entrepreneur William Haseltine, comedian David Cross ("Scary Movie 2"), linguistics consultant Paul Frommer ("Avatar"), Maryland Gov. Martin O'Malley (2007-2015), computer engineer and Internet co-inventor Leonard Kleinrock and right-wing insurrectionist Roger Stone.

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Donald Trump Elections 2016 Jamie Dimon