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.

JPMorgan Chase CEO Jamie Dimon will not be invited to be a part of the administration of Donald Trump, the U.S. president-elect said on social media on Thursday. "I respect Jamie Dimon, of JPMorgan Chase,

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.