JPMorgan Chase (JPM) CEO Jamie Dimon on Friday downplayed the possibility that he would work for the next US president but also didn’t rule it out completely.

The subject came up when an analyst asked the bank boss on an earnings conference call, "If you were asked by the next administration to serve the country, would you be open to considering it?"

Dimon said in response that "the chance of that is almost nil, and I probably am not going to do it" while adding that "I've always reserved the right. I don't make promises to people. [I] don’t have to."

The 68-year-old executive has long been considered as a potential US Treasury secretary for various administrations, and Dimon has said previously he would like to serve his country in some capacity at some later point in time.

This year he has been talking regularly to both presidential campaigns during the final stretch of the 2024 contest, Yahoo Finance reported earlier this week.

Those conversations have included both informal and formal advisers to both Kamala Harris and Donald Trump, according to people familiar with the talks, a list that includes both current and former cabinet members.

But whom he might support or whether he will do so at all is far from a foregone conclusion as he sends signals both publicly and privately that have been embraced by both sides.

Earlier this week in a Bloomberg Television interview, Dimon was asked if he would endorse a presidential candidate, and his answer wasn't quite a firm "no."

"I've never been in the habit of endorsing candidates. But I am thinking through what I want to say or do or something like that," Dimon said in that interview. "I just want to help our government do the right stuff," he added later in that conversation.

The scrutiny of Dimon's views is intensifying, with a possible endorsement looming as one of the election's final most sought-after prizes. Just last week, Donald Trump’s account even posted a false claim of a Dimon endorsement.

The banker’s eventual retirement as top boss of JPMorgan adds another wrinkle to the intense focus on his actions as the bank prepares possible successors once Dimon is ready to leave.

Dimon on Friday told analysts that "I love what I do. I intend to be doing what I do. And I almost guarantee I’ll be doing this for a long period of time. Or at least until the board kicks me out."

David Hollerith is a senior reporter for Yahoo Finance covering banking, crypto, and other areas in finance.

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