JPMorgan Chase CEO Jamie Dimon has been talking regularly to both presidential campaigns. The question now is whether he will throw his support behind either...
The growing question is whether he will throw his support behind either candidate. The boss of the biggest US bank hinted Tuesday that such a move may be possible."I reserve the right to do whatever I want. I'm a citizen. I can vote. I can say what I want. 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.
CEO of Chase Jamie Dimon at an event at the Chateau de Versailles, outside Paris, in May. The tenor of his conversations with the Trump campaign is an agreement on pro-business policies to grow the economy.Both Dimon and President Trump "share support of commonsense policies like a government efficiency commission that would eliminate fraud and save taxpayer dollars," Trump senior advisor Brian Hughes said in a statement.
Thus, in addition to a possible endorsement, both campaigns are also eager for his support on their economic narratives. "President Trump often discusses the future of our nation with the best and smartest people, and alongside leaders like Dimon, he will restore America's economy to make life affordable again in a second term," added Hughes of the Trump campaign.In her 2019 autobiography, Harris recounted a tense exchange when she, then California's Attorney General, was helping negotiate a settlement between banks and homeowners who faced foreclosure during the 2008 financial crisis.
President Joe Biden, Vice President Kamala Harris and Secretary of the Treasury Janet Yellen meet with business leaders, including Jamie Dimon at right, in February 2021. Mr. Dimon's wife, Judy, is also on the record as a Harris supporter. She has donated over a quarter of a million dollars to support the Democratic ticket, according to government records.
This year, Dimon has offered an array of commentary on what direction he'd like to see the campaign take this year but avoided specifics.
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