JPMorgan Chase CEO Dimon has no plans to join Trump administration

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Dimon says JPMorgan Chase's numbers are strong, but warns of early threats successful net report 05:07

JPMorgan Chase CEO Jamie Dimon will stay successful his station astatine nan slope and has nary plans to return a position wrong nan Trump administration, a root acquainted pinch nan matter told CBS MoneyWatch Wednesday. 

Despite speculation that he mightiness beryllium successful nan moving for Treasury secretary, Dimon had antecedently dismissed nan possibility. 

In an net telephone past month, nan main executive said nan chances of him taking a elder authorities domiciled were "almost nil." 

He besides reaffirmed his intentions to stay astatine nan helm of JPMorgan Chase for nan foreseeable future.

"I intend to beryllium doing what I do. And I almost guarantee I'll beryllium doing this for a agelong play of time. Or astatine slightest until nan committee kicks maine out," he said. 

Dimon believes he is champion equipped to service nan state by remaining astatine JPMorgan, a root acquainted pinch nan matter added. 

Dimon past period shot down rumors and moreover claims by now President-elect Donald Trump that nan banking executive had endorsed him for president. 

"Jamie Dimon has not endorsed anyone. He has not endorsed a candidate," Joe Evangelisti, a spokesperson for nan New York-based slope told CBS News successful a connection astatine nan time.

Megan Cerullo

Megan Cerullo is simply a New York-based newsman for CBS MoneyWatch covering mini business, workplace, wellness care, user spending and individual finance topics. She regularly appears connected CBS News 24/7 to talk her reporting.

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