Trump outreach to Dimon for Treasury job may fall on deaf ears(Reuters) - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon did not support Republican Donald Trump’s presidential campaign, yet some Trump advisers want America’s most famous banker to become Treasury Secretary to calm nerves on Wall Street. A member of Trump’s transition team contacted Dimon recently to see if he would be interested in the role, two people familiar with the matter told Reuters on Thursday. It was not clear whether Dimon had responded, though he has said emphatically multiple times that he was not interested in the role. JPMorgan spokesman Andrew Gray declined to comment, and Dimon, who is traveling outside the United States, could not be reached. Trump’s close circle of advisers includes several with Wall Street ties. His campaign finance manager, Steven Mnuchin, is a former Goldman Sachs Group Inc banker. Fundraiser Anthony Scaramucci is a hedge fund executive. A person familiar with Trump’s personnel efforts said the transition team’s list included Dimon, Mnuchin and Rep. Jeb Hensarling. The person said that Mnuchin was a more likely choice given his proximity to Trump. Trump’s controversial rhetoric and behavior during the campaign concerning immigrants, women, minorities, the disabled, Muslims and China, among other things, were offensive to many senior Wall Street executives who have tried to embrace inclusion, diversity and globalization. Trump also criticized Wall Street on the trail, saying the industry “got away with murder” and would not be let off the hook. Since being elected on Tuesday, Trump has softened his tone and tried to bridge gaps by meeting with President Obama and taking calls from foreign officials. Bringing Dimon on board could help him mend fences with the financial industry, which appears to be coming around to the idea of Trump in the White House. At an event on Thursday, Goldman Sachs Group Inc CEO Lloyd Blankfein said Trump could be good for the economy and Dimon would be an excellent choice for Treasury Secretary, while hedge fund manager Bill Ackman said Trump’s advisers would get “the best and brightest” to run the economy. Hensarling’s office indicated in a statement that he did not want the job. “Serving in his Cabinet is not something I’ve indicated an interest in and it’s not something I am pursuing,” the statement said. He said he looked forward to working in Congress to repeal the Dodd-Frank Act which tightened regulations on Wall Street in the wake of the financial crisis. Dimon, a lifelong Democrat, has been floated as a possible candidate for roles like Treasury Secretary in the past. However, resentment toward bankers following the 2007-2009 financial crisis made his candidacy much less likely, as did JPMorgan-specific scandals related to a costly derivatives trade and bad mortgages. A $13 billion mortgage settlement JPMorgan reached with the federal government in 2013 prompted Trump then to call Dimon “the worst banker in the United States.” However, Dimon has managed to retain a reputation within the banking industry as a distinguished leader, in part by the way he handled those scandals and the way he talks about JPMorgan’s role in society as the largest U.S. bank. For instance, Dimon decided to have JPMorgan make big investments in Detroit, calling it a civic duty to turn around an economically challenged city. His memos, speeches and letters to shareholders are often sprinkled with patriotic language. “America is best when we come together with clear leadership, expertise and the political will to take on difficult challenges and get things done,” the 60-year-old chairman and CEO said in a memo to JPMorgan Chase employees following Tuesday’s election. “No one should ever doubt the strength and resilience of our country and our democracy.” However, Dimon has said as recently as September that he would not want a role as Treasury Secretary. If he holds to that, it could put him and JPMorgan in an awkward position. Saying “no” to a presidential request to join the cabinet is unusual, and the bank would then be overseen by appointees from an administration Dimon rejected. Even so, his associates do not expect Dimon to say “yes.”  Dimon has said his determination to act would make it hard to make political compromises. Talking before an audience in September, he said the only job in government he would want is the one Trump is about to get. “I would love to be president of the United States of America,” Dimon told the Economic Club of Washington. “Until Donald Trump got to where he was, they said you’ll never see a rich businessman who’s never been in politics be president. I clearly was wrong about that.” politicsNews
trump outreach demon treasury job may fall deaf ears reuters morgan chase co chief executive officer jamie demon support republican donald trump presidential campaign yet trump advisers want america famous banker become treasury secretary calm nerves wall street a member trump transition team contacted demon recently see would interested role two people familiar matter told reuters thursday it clear whether demon responded though said emphatically multiple times interested role morgan spokesman andrew gray declined comment demon traveling outside united states could reached trump close circle advisers includes several wall street ties his campaign finance manager steven mnuchin former goldman sachs group inc banker fundraiser anthony scaramucci hedge fund executive a person familiar trump personnel efforts said transition team list included demon mnuchin jeb hensarling the person said mnuchin likely choice given proximity trump trump controversial rhetoric behavior campaign concerning immigrants women minorities disabled muslims china among things offensive many senior wall street executives tried embrace inclusion diversity globalization trump also criticized wall street trail saying industry got away murder would let hook since elected tuesday trump softened tone tried bridge gaps meeting president obama taking calls foreign officials bringing demon board could help mend fences financial industry appears coming around idea trump white house at event thursday goldman sachs group inc ceo lloyd blankfein said trump could good economy demon would excellent choice treasury secretary hedge fund manager bill artman said trump advisers would get best brightest run economy hensarling office indicated statement want job serving cabinet something i indicated interest something i pursuing statement said he said looked forward working congress repeal act tightened regulations wall street wake financial crisis demon lifelong democrat floated possible candidate roles like treasury secretary past however resentment toward bankers following financial crisis made candidacy much less likely scandals related costly derivatives trade bad mortgages a billion mortgage settlement morgan reached federal government prompted trump call demon worst banker united however demon managed retain reputation within banking industry distinguished leader part way handled scandals way talks morgan role society largest bank for instance demon decided morgan make big investments detroit calling civic duty turn around economically challenged city his memos speeches letters shareholders often sprinkled patriotic language america best come together clear leadership expertise political take difficult challenges get things done chairman ceo said memo morgan chase employees following tuesday election no one ever doubt strength resilience country however demon said recently september would want role treasury secretary if holds could put morgan awkward position saying presidential request join cabinet unusual bank would overseen appointees administration demon rejected even associates expect demon say demon said determination act would make hard make political compromises talking audience september said job government would want one trump get i would love president united states america demon told economic club washington until donald trump got said never see rich businessman never politics president i clearly wrong politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Trump outreach to Dimon for Treasury job may fall on deaf ears(Reuters) - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon did not support Republican Donald Trump’s presidential campaign, yet some Trump advisers want America’s most famous banker to become Treasury Secretary to calm nerves on Wall Street. A member of Trump’s transition team contacted Dimon recently to see if he would be interested in the role, two people familiar with the matter told Reuters on Thursday. It was not clear whether Dimon had responded, though he has said emphatically multiple times that he was not interested in the role. JPMorgan spokesman Andrew Gray declined to comment, and Dimon, who is traveling outside the United States, could not be reached. Trump’s close circle of advisers includes several with Wall Street ties. His campaign finance manager, Steven Mnuchin, is a former Goldman Sachs Group Inc banker. Fundraiser Anthony Scaramucci is a hedge fund executive. A person familiar with Trump’s personnel efforts said the transition team’s list included Dimon, Mnuchin and Rep. Jeb Hensarling. The person said that Mnuchin was a more likely choice given his proximity to Trump. Trump’s controversial rhetoric and behavior during the campaign concerning immigrants, women, minorities, the disabled, Muslims and China, among other things, were offensive to many senior Wall Street executives who have tried to embrace inclusion, diversity and globalization. Trump also criticized Wall Street on the trail, saying the industry “got away with murder” and would not be let off the hook. Since being elected on Tuesday, Trump has softened his tone and tried to bridge gaps by meeting with President Obama and taking calls from foreign officials. Bringing Dimon on board could help him mend fences with the financial industry, which appears to be coming around to the idea of Trump in the White House. At an event on Thursday, Goldman Sachs Group Inc CEO Lloyd Blankfein said Trump could be good for the economy and Dimon would be an excellent choice for Treasury Secretary, while hedge fund manager Bill Ackman said Trump’s advisers would get “the best and brightest” to run the economy. Hensarling’s office indicated in a statement that he did not want the job. “Serving in his Cabinet is not something I’ve indicated an interest in and it’s not something I am pursuing,” the statement said. He said he looked forward to working in Congress to repeal the Dodd-Frank Act which tightened regulations on Wall Street in the wake of the financial crisis. Dimon, a lifelong Democrat, has been floated as a possible candidate for roles like Treasury Secretary in the past. However, resentment toward bankers following the 2007-2009 financial crisis made his candidacy much less likely, as did JPMorgan-specific scandals related to a costly derivatives trade and bad mortgages. A $13 billion mortgage settlement JPMorgan reached with the federal government in 2013 prompted Trump then to call Dimon “the worst banker in the United States.” However, Dimon has managed to retain a reputation within the banking industry as a distinguished leader, in part by the way he handled those scandals and the way he talks about JPMorgan’s role in society as the largest U.S. bank. For instance, Dimon decided to have JPMorgan make big investments in Detroit, calling it a civic duty to turn around an economically challenged city. His memos, speeches and letters to shareholders are often sprinkled with patriotic language. “America is best when we come together with clear leadership, expertise and the political will to take on difficult challenges and get things done,” the 60-year-old chairman and CEO said in a memo to JPMorgan Chase employees following Tuesday’s election. “No one should ever doubt the strength and resilience of our country and our democracy.” However, Dimon has said as recently as September that he would not want a role as Treasury Secretary. If he holds to that, it could put him and JPMorgan in an awkward position. Saying “no” to a presidential request to join the cabinet is unusual, and the bank would then be overseen by appointees from an administration Dimon rejected. Even so, his associates do not expect Dimon to say “yes.”  Dimon has said his determination to act would make it hard to make political compromises. Talking before an audience in September, he said the only job in government he would want is the one Trump is about to get. “I would love to be president of the United States of America,” Dimon told the Economic Club of Washington. “Until Donald Trump got to where he was, they said you’ll never see a rich businessman who’s never been in politics be president. I clearly was wrong about that.” politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: trump outreach demon treasury job may fall deaf ears reuters morgan chase co chief executive officer jamie demon support republican donald trump presidential campaign yet trump advisers want america famous banker become treasury secretary calm nerves wall street a member trump transition team contacted demon recently see would interested role two people familiar matter told reuters thursday it clear whether demon responded though said emphatically multiple times interested role morgan spokesman andrew gray declined comment demon traveling outside united states could reached trump close circle advisers includes several wall street ties his campaign finance manager steven mnuchin former goldman sachs group inc banker fundraiser anthony scaramucci hedge fund executive a person familiar trump personnel efforts said transition team list included demon mnuchin jeb hensarling the person said mnuchin likely choice given proximity trump trump controversial rhetoric behavior campaign concerning immigrants women minorities disabled muslims china among things offensive many senior wall street executives tried embrace inclusion diversity globalization trump also criticized wall street trail saying industry got away murder would let hook since elected tuesday trump softened tone tried bridge gaps meeting president obama taking calls foreign officials bringing demon board could help mend fences financial industry appears coming around idea trump white house at event thursday goldman sachs group inc ceo lloyd blankfein said trump could good economy demon would excellent choice treasury secretary hedge fund manager bill artman said trump advisers would get best brightest run economy hensarling office indicated statement want job serving cabinet something i indicated interest something i pursuing statement said he said looked forward working congress repeal act tightened regulations wall street wake financial crisis demon lifelong democrat floated possible candidate roles like treasury secretary past however resentment toward bankers following financial crisis made candidacy much less likely scandals related costly derivatives trade bad mortgages a billion mortgage settlement morgan reached federal government prompted trump call demon worst banker united however demon managed retain reputation within banking industry distinguished leader part way handled scandals way talks morgan role society largest bank for instance demon decided morgan make big investments detroit calling civic duty turn around economically challenged city his memos speeches letters shareholders often sprinkled patriotic language america best come together clear leadership expertise political take difficult challenges get things done chairman ceo said memo morgan chase employees following tuesday election no one ever doubt strength resilience country however demon said recently september would want role treasury secretary if holds could put morgan awkward position saying presidential request join cabinet unusual bank would overseen appointees administration demon rejected even associates expect demon say demon said determination act would make hard make political compromises talking audience september said job government would want one trump get i would love president united states america demon told economic club washington until donald trump got said never see rich businessman never politics president i clearly wrong politicsnews