When Jamie Dimon (67), chairman of JP Morgan Chase, called the “Emperor of Wall Street” in the United States, suggested his intention to advance into politics, Wall Street is gathering topics, such as support for running for the 2024 presidential election.
Chairman Dimon visited China to attend the ‘JP Morgan Global China Summit’ held in Shanghai, China on the 31st of last month (local time) and had an interview with Bloomberg TV, saying, “I love my country and will serve the country someday.” Regarding the rumor of entering the political world that had been circulating for several years, this was the answer that came out when asked if he had any intention of serving in the public service after retirement.
In response, Bill Ackman, chairman of Pershing Square, who is called the’second Buffett’, said on Twitter, “Dimon is suitable for the 2024 presidential election with a moderate tendency.” “President Biden is too weak. Dimon can beat Biden in the primaries, and he will beat Trump (in this election too),” he emphasized.
Dimon, who became CEO of JP Morgan in 2006, made his name known as a firefighter during the 2008 financial crisis. In the recent U.S. banking crisis, it worked together with Secretary Janet Yellen to evolve, including the acquisition of First Republic. During the Obama administration, he was mentioned as a candidate for Treasury Secretary, and Berkshire Hathaway Chairman Warren Buffett expressed his support. CNN reported in 2018 that Chairman Dimon said, “I am as strong and smarter as Trump. Trump wants to punch me, but it won’t work at all,” he said, then immediately issued a statement and retracted his remarks.
It is unclear which party he supports. When asked by a CNN reporter asking which political party he supported in 2019, he revealed that “his heart is a Democrat and his head is a Republican.” Dimon’s involvement with underage sexual molester Jeffrey Epstein is cited as a weakness. He recently testified that he had “never heard of Epstein before 2019.”
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Source: Donga
Mark Jones is a world traveler and journalist for News Rebeat. With a curious mind and a love of adventure, Mark brings a unique perspective to the latest global events and provides in-depth and thought-provoking coverage of the world at large.