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Politics

Does This Wall Street CEO Want to Be the Next Democrat Candidate?

Written by Joe Scudder

After wasting millions on Hillary Clinton, perhaps the elite are thinking about directly supporting a Wall Street CEO

While the left attacked Donald Trump for his business practices, they won’t treat this Wall Street CEO the same if he decides to run. Observers have noticed that Jamie Dimon, the CEO of JPMorgan Chase, has been getting much more involved in politics lately. This is raising suspicions that he wants to run for President.

Reuters reports, “Jamie Dimon ventures beyond Wall Street to have a say in Washington.”

JPMorgan Chase & Co Chief Executive Jamie Dimon is starting to look like Corporate America’s shadow president.

The 61-year-old banker has made more than a dozen trips to Washington so far this year to press a broad agenda with a range of influential policymakers, people who attended the meetings or are familiar with his schedule said. Dimon has already visited the nation’s capital four times as much as he does in a typical year.

His ramped-up presence comes after taking the helm of the Business Roundtable, a lobbying group that represents CEOs of large U.S. companies, in December.

“We couldn’t ask for a more engaged or more effective Business Roundtable chair,” said Joshua Bolten, former chief of staff for President George W. Bush, whom Dimon installed as the organization’s president and CEO.

The frequency of his trips, and the wide range of policies he has been discussing, have started chatter among power brokers in Washington and on Wall Street about how much energy Dimon is devoting to issues beyond JPMorgan.

At times, they said, Dimon carries himself more like someone running the country than someone running a bank.

“If you’re Jamie Dimon, you’ve always had access,” said Tim Pawlenty, CEO of the Financial Services Roundtable, a Wall Street trade group. “The difference is, now he wants it. He wants to play a role in policy more broadly than just representing his company.”

Read the full Reuters story.

The views expressed in this opinion article are solely those of their author and are not necessarily either shared or endorsed by EagleRising.com


About the author

Joe Scudder

Joe Scudder is the "nom de plume" (or "nom de guerre") of a fifty-ish-year-old writer and stroke survivor. He lives in St Louis with his wife and still-at-home children. He has been a freelance writer and occasional political activist since the early nineties. He describes his politics as Tolkienesque.

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