President-elect Donald Trump ruled out giving a post to JPMorgan Chase & Co.’s Jamie Dimon in his second-term administration in a jab at the prominent Wall Street chief executive officer.

President-elect Trump announced JPMorgan Chase CEO Jamie Dimon will not be serving in his administration, after previously saying he would consider Dimon for Treasury secretary.

A source told Reuters last week Dimon will remain at the bank and had no plans to join Trump's administration after earlier having been the subject of speculation as a Treasury se

As President-elect Donald Trump finalizes some high-level roles in his incoming administration, JPMorgan Chase (JPM) chief Jamie Dimon is not in the running.

I respect Jamie Dimon, of JPMorgan Chase, greatly, but he will not be invited to be a part of the Trump Administration,” President-elect Trump says in a post on Truth Social.

JPMorgan Chase CEO Jamie Dimon won’t join President-elect Trump’s administration and will remain leading the bank. “I respect Jamie Dimon, of JPMorgan Chase, greatly, but he will not be invited to be a part of the Trump Administration.

After months of speculation and some reports that Donald Trump would ask Jamie Dimon to join his administration, possibly as Treasury Secetary, the president-elect has officially said JPMorgan Chase's (NYSE:JPM) chief won't be tapped for a role.