Trump confirms Jamie Dimon will not join his Cabinet

Donald Trump has confirmed that Jamie Dimon, CEO of JPMorgan Chase, will not join his Cabinet. Trump announced this on Truth Social, stating he respects Dimon but he will not be invited to the administration. Speculation had suggested Dimon might be considered for Treasury secretary, but reports indicated he was not interested in the role. Former Obama adviser David Axelrod called Trump's announcement of Dimon's non-appointment "bizarre," noting the unusual nature of the current appointment process.