Jamie Dimon has a good chance to be Treasury Secretary, but the chief executive of JPMorgan Chase & Co. reportedly has told President-elect Donald Trump’s transition team he doesn’t want the job.
That decision could cost Dimon. In closing the door to joining the Trump Administration, Dimon is probably giving up a once-in-a-lifetime opportunity to divest his sizeable stock holdings in JPMorgan Chase and diversify his wealth without paying taxes.
Read Full Article »