Trump May Consider Larry Fink or Jamie Dimon for Treasury Secretary
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Larry Fink, CEO of BlackRock, has emerged as a potential candidate for the role of U.S. Treasury Secretary under a possible Donald Trump presidency.
Recent reports, however, suggest Trump may actually favor Jamie Dimon, CEO of JPMorgan Chase, for the position.
FOX Business journalist Eleanor Terrett has reported that while Trump has frequently highlighted Dimon as his preferred choice, some insiders believe Fink could still be in consideration due to his longstanding relationship with Trump.
BlackRock has managed Trump’s investments for years, and he has previously invested in BlackRock’s funds.
Trump’s recent selection of pro-Bitcoin JD Vance as his vice-presidential running mate and his positive relationship with BlackRock may indicate that Fink, a known Bitcoin supporter, could be a serious contender for the Treasury role.
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This speculation contrasts with the concerns of some in the crypto community who would prefer Fink over Dimon, given Dimon’s less favorable stance on Bitcoin.
In other political news, Joe Biden has announced he will not seek re-election in 2024, endorsing Vice President Kamala Harris as his successor. Biden’s decision, which follows weeks of speculation, leaves Harris as the likely Democratic nominee, though she must still secure formal approval from the party.