Jamie Dimon Optimistic, Praises Donald Trump’s Cabinet Picks

Jamie Dimon Optimistic, Praises Donald Trump’s Cabinet Picks

Jamie Dimon Optimistic, Praises Donald Trump’s Cabinet Picks

$JPM, $XOM

JPMorgan Chase & Co.(NYSE:JPM) Jamie Dimon said he is optimistic about President Elect Donald Trump’s Administration because of the group of people he has assembled to fill his Cabinet.

“If you want to win the game, put Tom Brady on the field,” Mr. Dimon, 60 anni, said in a TV interview Thursday. Donald Trump “hired a lot of professional people, people that are experienced, successful, smart and patriotic,” he said.

Mr. Dimon’s comments came amid this week’s of Senate confirmation hearings. All of President Elect Trump’s picks are expected to win confirmation, barring any unexpected revelations.

Mr. Dimon praised Steve Mnuchin, Trump’s pick for Treasury Secretary, saying the former CEO of OneWest Bank Group LLC is “very qualified” and “wants to do the right thing.”

Rex Tillerson, Trump’s nominee for Secretary of State, is “respected by everyone he deals with around the world,” Mr. Dimon said.

Mr. Tillerson, the former CEO of Exxon Mobil Corp.(NYSE:XOM) was pressed on US-Russia relations during his Senate confirmation hearing Wednesday, responding that Moscow has acted against US interests and urged an “open and frank dialogue” on areas of mutual concern.

“Rex Tillerson is a class act — he’s smart, he’s patriotic,” Mr. Dimon said. “Almost every big company has dealings in Russia; that doesn’t mean he’s not a patriot.”

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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