Dimon Says He Didn’t Resign from Trump’s Council

By NTK Staff | 09.12.2017 @5:13pm

"It doesn’t mean the CEOs in the group aren’t going to be involved," Dimon explained to CNBC's Andrew Ross Sorkin on Tuesday.

JPMorgan Chase CEO Jamie Dimon said that it was not his decision to leave President Trump’s Strategic and Policy Forum, saying the group disbanded. He made the remarks all during an interview with CNBC’s Andrew Ross Sorkin on Tuesday.

Following backlash from CEOs over Trump’s controversial handling of violent protestors in Charlottesville, VA, Trump disbanded two of his Presidential councils, the Strategy and Policy Forum and the Manufacturing Council.

Sorkin asked Dimon about his decision to leave the Strategy & Policy Forum and whether it was an easy or hard decision for him to make.

“First of all, the group disbanded, so it wasn’t my decision or something like that, and I think for a lot of people, I mean, this is — the press makes a huge deal. It’s not a big deal,” Dimon responded.

Dimon continued, “Most presidents have councils. They usually have a limited life. Most presidents, prime ministers and around the world, they ask for help. You should help. That is what your job is. You can’t say, ‘I’m not going to go help a new President of the United States.'”

“But I think at one point, it became more of a distraction than was necessary, that’s all. So they just disbanded the group,” Dimon concluded. “It doesn’t mean the CEOs in the group aren’t going to be involved in a way that they can be productively involved. It just means this group itself may have become more of a negative than a positive.”

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