Itâs not clear heâs going anywhere but if Treasury Secretary Tim Geithner were to lose his job, JPMorgan Chase (JPM) CEO Jamie Dimon is emerging as a potential replacement, the New York Post reported.
A number of policy makers have begun mentioning Dimon as a successor to Geithner, who has come under new attacks over his handling of the U.S. economy and ties to Wall Street, the paper reported, citing unnamed sources.
Still, it seems unlikely at this point that President Barack Obama would accept Geithnerâs resignation. And even if he did, it might be tough to convince Dimon to give up his big salary at JPMorgan, which has been seen as one of the healthiest U.S. banks.
People familiar with Dimonâs thinking told the Post he âwould love to serve his countryâ but that he believes Geithner is doing âa good jobâ and plans to stay at JPMorgan for another âsix or seven years.â Dimon was considered a candidate to lead the Treasury Department last year after Obama was elected.
http://www.foxbusiness.com/story/ma...hase-ceo-emerges-treasury-secretary-canidate/
A number of policy makers have begun mentioning Dimon as a successor to Geithner, who has come under new attacks over his handling of the U.S. economy and ties to Wall Street, the paper reported, citing unnamed sources.
Still, it seems unlikely at this point that President Barack Obama would accept Geithnerâs resignation. And even if he did, it might be tough to convince Dimon to give up his big salary at JPMorgan, which has been seen as one of the healthiest U.S. banks.
People familiar with Dimonâs thinking told the Post he âwould love to serve his countryâ but that he believes Geithner is doing âa good jobâ and plans to stay at JPMorgan for another âsix or seven years.â Dimon was considered a candidate to lead the Treasury Department last year after Obama was elected.
http://www.foxbusiness.com/story/ma...hase-ceo-emerges-treasury-secretary-canidate/
