I wouldn’t think that choosing a Wall Street CEO would satisfy those concerned with the current Treasury Secretary’s closeness to Wall Street. And the New York Post isn’t exactly a reliable source, nor do they name any of their own sources in this speculative article. Nevertheless, the fact that any outlet is floating names for replacing Timothy Geithner at this stage is significant.

As support for Treasury Secretary Timothy Geithner wanes on Capitol Hill amid frustration with the Obama administration’s handling of the economy, JPMorgan Chase CEO Jamie Dimon is emerging as a potential replacement.

Sources tell The Post that a number of policy makers have begun mentioning Dimon as a successor to Geithner, whose standing in Washington has suffered because of the country’s high unemployment rate, the weakness of the dollar, the slow pace of the recovery and the government’s mounting deficit.

Last week, Geithner faced a withering attack from some Republican members of the Joint Economic Committee, getting into a testy exchange with one congressman who at one point asked Geithner if he would step down.

Dimon, meanwhile, has achieved rock star status during the financial crisis, having navigated JPMorgan through the recession and being a go-to guy when Uncle Sam last year needed Wall Street’s help during the collapses of Bear Stearns and Washington Mutual.

I think a “Wall Street rock star” is really the last quality I want in my Treasury Secretary. I’d take Harvard professor consumer advocate, although Elizabeth Warren appears destined for the Consumer Financial Protection Agency, if one is created.

Dimon did write a Washington Post op-ed earlier this month, saying that the concept of too big to fail “must be excised from our vocabulary.” However, he was quoting Timothy Geithner when he said it, and he argued against creating caps on bank size, basically an argument to create the kind of monopolies favored by the namesake of his company, JP Morgan. That would be in direct contrast to liberal calls to break up the big banks.

Marcy Wheeler has more and despairs that this could be a legitimate trial balloon