Although Donald Trump's policies might still look a little vague, it looks like his advisers have started dropping hints about who they want to take the top spot in the treasury.
However, chances of Dimon joining up with Trump for a career in politics look slim. The JP Morgan boss has previously publicly stated he would not be interested in the role.
The reports could bring a sigh of relief to Wall Street. Although the country is still grappling with the uncertainty caused by the shock White House race victory, firms are likely to see it as a positive that the new President could be keen to appoint somebody business-friendly to a key role.
Some people in banking might be feeling confused as to what a Trump presidency means for the future of their industry, particularly given he previously pledged to repeal the Dodd-Frank set of reforms.
While CNBC noted it was not clear who in Trump's inner circle had put the idea of appointing Dimon on the table or how far along the appointment considerations were, the man himself has voiced conflicting views about the bank boss on his Twitter feed.
Jamie Dimon of JPMorgan Chase had a bad week, but will fully recover. He is a good guy and a great banker.— Donald J. Trump (@realDonaldTrump) May 14, 2012
Jamie Dimon just gave away $13B to government in settlement. Terrible move & bad precedent. Could have done much better by fighting.— Donald J. Trump (@realDonaldTrump) November 19, 2013
JP Morgan has declined to comment.
US election: What you need to know