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Jamie Dimon Claims He Doesn’t Come to Washington, D.C. to See Lawmakers

A recent Reuters’ story, however, highlighted numerous meetings Dimon has had with lawmakers in Washington, D.C.

JPMorgan Chase CEO Jamie Dimon said that he doesn’t regularly come to Washington, D.C. to see lawmakers during an interview with CNBC’s Andrew Ross Sorkin, but a recent Reuters’ article throws cold water on Dimon’s claim.

Sorkin was asking Dimon whether he was still optimistic about the Trump administration’s ability to pass meaningful reforms.

“The agenda that the administration had come up with, corporate tax reform, infrastructure, regulatory reform, education, work skills, that is part of the right agenda. That’s what I was optimistic about,” Dimon told Sorkin. “Look, I’m not an expert in Washington. I don’t know if it can get done. We’re going to do our part to try to help get it done.”

Sorkin followed up by asking Dimon if he was not more pessimistic today about where things stand, given the amount of time Dimon spends in Washington and citing a Reuters story about Dimon’s increased presence in Washington, D.C.

“I’m not that kind of person, okay. I wake up in the morning and give it my best. I don’t guess about optimism, pessimism, stuff like that. I’m going to wake up tomorrow and give it my best,” Dimon responded. “But I don’t go to see lawmakers. I have, all my regulars are down there. The Federal Reserve, the OCC, the FDIC.”

Dimon’s statement that he doesn’t see lawmakers when he comes to Washington, D.C. isn’t true though. According to the Reuters article Sorkin mentioned:

“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.”

….

“Reuters spoke to over a dozen people who have interacted with Dimon in Washington or were briefed on his meetings. Most spoke on the condition of anonymity because they were not authorized to publicly discuss his activities.”

“Those who have met Dimon recently include Republican Senate Majority Leader Mitch McConnell, Democratic Senators Sherrod Brown and Mark Warner, Rep. Patrick McHenry, who is a member of House Republican leadership, National Economic Council Director Gary Cohn and Federal Reserve Chair Janet Yellen.”

Based on Reuters’ reporting it would appear that Dimon does indeed meet with lawmakers in Washington, D.C.