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CBS Asks Jamie Dimon About His “Shadow Presidency”

The financial CEO has spent a lot of time in the nation’s capital, but won’t say why.

CBS’s Norah O’Donnell asked J.P. Morgan Chase CEO Jamie Dimon about all the excessive time he has spent in Washington, D.C., a subject that Dimon appeared uncomfortable discussing.

Dimon said that he has made “21 or 22” trips to the nation’s capital. “But I’m still doing my job for my shareholders,” he joked.

“Why is it so critical to spend so much time [in Washington, D.C.]?” O’Donnell asked. She pointed out that he had been referred to as “shadow president.”

IBM CEO Ginni Rometty, who was also being interviewed, interjected, saying, “I would vote for him.”

“That’s why she’s my friend,” Dimon responded, laughing.

The J.P. Morgan leader defended his frequent trips to Washington, saying that all CEOs spend time there.

Rometty interjected again, discussing the importance of public policy on corporate growth.

“That’s why she should be president,” Dimon said, avoiding talking about his own political ambitions.

Dimon has said previously that the only job he would leave his current post for would be president of the United States.