Jamie Dimon, chief executive officer of JPMorgan Chase (JPM), indicated he has no interest in becoming chair of the Federal Reserve at an event hosted by the U.S. Chamber of Commerce on Thursday.
Asked whether he would consider the role, Dimon replied there was “absolutely, positively no chance—no way, no how, for any reason.”
He was more open, however, to the idea of leading the U.S. Treasury. “The president calls you up and asks you to do something – you should consider it, so I would take the call and consider it,” he said. “I like my job, and I’ve been my own boss for pretty much 25 years.”
Dimon also said he wants to remain CEO of JPMorgan Chase (JPM) for at least another five years. “I love what I do. It’s up to the board how long I do it. As long as I have the energy and the spirit in the eye and the fire in the gut, yeah, I want to do it.”
A JPMorgan (JPM) spokesperson told Reuters that Dimon was just joking, noting that nothing had changed regarding his succession plan. Dimon said last year that the lender’s succession plans were still intact, repeating that he expected to leave the CEO role within five years without offering more specific timing.
Dimon, who is 69 years old, has led the bank since 2006 and is one of the longest-serving CEOs on Wall Street, which has long been speculating on who will eventually succeed him.