Breaking News from CNBC’s Kate Kelly: Donald Trump Advisors Considered Jamie Dimon for Treasury Secretary - Sources
Following is the unofficial transcript of breaking news from CNBC's Kate Kelly on CNBC's "Squawk Alley" (M-F, 11AM-12PM ET) today, Thursday, November 10th. Following is a link to the article on CNBC.com: http://www.cnbc.com/2016/11/10/donald-trump-advisors-considered-jpmorgans-jamie-dimon-for-treasury-secretary-sources.html.
All references must be sourced to CNBC.
KATE KELLY: IN RECENT DAYS SINCE TRUMP'S UPSET VICTORY FOR PRESIDENT, OF COURSE, JAMIE DIMON, THE CHAIRMAN AND CEO OF JPMORGAN, HAS APPARENTLY BEEN CONSIDERED ALOUD BY SOME ADVISORS TO TRUMP AS A POSSIBLE TREASURY SECRETARY. NOW, I REACHED OUT TO THE CAMPAIGN, HAVE NOT YET CONNECTED WITH THEM FOR COMMENT, ALSO REACHED OUT TO JPMORGAN. THEY DECLINED TO COMMENT BEYOND DIMON'S PREVIOUS STATEMENTS WHICH AS RECENTLY AS SEPTEMBER HAVE BEEN TO THE EFFECT THAT HE WOULD NOT BE INTERESTED IN THAT JOB AND OF COURSE, THAT WAS AT A TIME WHEN WE DIDN'T EVEN KNOW WHO THE PRESIDENT-ELECT WOULD BE. DIMON, NOT CLEAR WHERE THE CONVERSATIONS STAND RIGHT NOW. THERE MIGHT BE A LIST OF PEOPLE THEY ARE CONSIDERING. REPORTEDLY STEVEN MENUCHIN, WHO OF COURSE, WAS THE CAMPAIGN FINANCE CHAIRMAN FOR MR. TRUMP WAS THE FRONT-RUNNER ALTHOUGH A LOT OF DETAILS YET TO BE DETERMINED. I THINK THIS WOULD PROBABLY BE A SIGH OF RELIEF FOR WALL STREET TO KNOW THAT DIMON WAS UNDER CONSIDERATION OR THAT HE WAS ON A LIST BECAUSE IT'S A MORE MAINSTREAM CANDIDATE COMING FROM A PRESIDENT-ELECT WHO OF COURSE HAS EMBRACED LESS TRADITIONAL TYPES OF IDEAS FOR BOTH HIS OWN STAFF AND A POTENTIAL CABINET, KAYLA. SO, WE'LL BE EAGER TO HEAR MORE ABOUT THIS. I'LL CONTINUE BRINGING YOU ANY DEVELOPMENTS.
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