Trump, bankers and populism

“According to CNBC, Trump is considering JPMorgan Chase chief Jamie Dimon as treasury secretary. Dimon is the leader of the largest of the Big Four banks in the United States, so he’s hardly unfamiliar with how business is done on Wall Street. Multiple reports also show that Trump is considering Steven Mnuchin, a former Goldman Sachs official, for the same post. Mnuchin served as the businessman’s campaign finance chief during the 2016 campaign. It appears as if Mnuchin is more likely to take the job, given his prior relationship with Trump. Dimon has said repeatedly that he has no interest in the job. The banker also bashed Trump’s policies in his 2016 letter to JPMorgan Chase shareholders”.

 

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