President-elect Trump announced Thursday that JPMorgan Chase Chairman and CEO Jamie Dimon will not be part of his next administration, ending speculation that Dimon could potentially be chosen to serve as Treasury secretary.

“I respect Jamie Dimonof JPMorgan Chase, but he will not be invited to serve in the Trump administration,” Trump wrote in a message on his Truth Social platform. “I thank Jamie for his exceptional service to our country!”

President-elect Trump has yet to choose his nominee for Treasury secretary, but ruled out JPMorgan Chase CEO Jamie Dimon on Thursday. (Charly Triballeau/AFP via Getty Images / Getty Images)

FOX Business has contacted JPMorgan Chase for comment.

Trump has criticized Dimon in the past, most recently last year when he called the JPMorgan boss a “highly overrated globalist” on his Truth Social platform.

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Over the summer, the former president told Bloomberg that he would consider Dimon becoming Treasury secretary if he won a second term in the White House, before walking back those comments a week later.

Dimon condemned the January 6, 2021 attack on the U.S. Capitol by Trump supporters, but he has also recently praised some of Trump’s positions and policies.

Jamie Dimon, chairman and CEO of JPMorgan Chase & Co., speaks at an Economic Club of New York event in New York on April 23. (Victor J. Blue/Bloomberg via Getty Images / Getty Images)

“Take a step back, be honest. He was mostly right on NATO, mostly right on immigration. He grew up the economy pretty good. The commercial tax reform worked. He was right on some of China,” Dimon told CNBC earlier this year. “He was not wrong on some of these critical issues.”

Dimon has refused to support any candidate in this year’s presidential election.

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Although Trump previously denied that he would consider the JPMorgan boss for Treasury secretary, Dimon’s name has been circulating since the election as a potential candidate.

Trump’s statement Thursday narrows the list further, after billionaire Trump supporter John Paulson has retired consideration for the position earlier this week.

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The two main contenders for Treasury Secretary now are Scott Bessent, the founder of investment company Key Square Group, and Howard Lutnick, CEO of Cantor Fitzgerald and co-chair of the Trump transition.