JPMorgan chief Dimon Harris will consider a role in the administration, the NYT reports

(Reuters) – JPMorgan Chase CEO Jamie Dimon will consider a government role, possibly Treasury secretary, if Democratic Vice President Kamala Harris wins the U.S. presidential election, the New York Times reported on Tuesday.

According to the report, Dimon is not making his position public out of fear of retaliation if Republican presidential candidate Donald Trump wins.

The CEO of the largest US bank has long been appointed to senior positions in US economic policy.

But on JPMorgan's post-ornament call earlier this month, Dimon said the chances of him being asked to take on a government role were “virtually zero.”

“And I'm probably not going to do it. But I always reserve the right to reconsider”, he said.

Dimon's thinking has not changed since then, a source close to him told Reuters.

However, if there is a position down the road where he can make a significant impact in the role, he may consider it regardless of political party, the source added.

The source declined to be named due to the sensitivity of the information.

Dimon took the reins of JPMorgan in 2006. He stressed that he and the rest of the board would “do the right thing” in succession if he eventually leaves, without giving details.

He has been outspoken on economic and policy issues and has often celebrated American exceptionalism, including in his widely read annual letter in April.

“I've always been an American patriot and my country is more important to me than my company,” he told analysts on a call this month.

The bank declined to comment on the report. Harris and Trump campaign spokesmen did not immediately respond to Reuters requests for comment.

(Reporting by Niket Nishant in Bengaluru and Nupur Anand in Washington; Editing by Anil D'Silva and Stephen Coates)