The CEO of JPMorgan Chase, who will help advise Donald Trump next year, suggested Democrats have been “anti-business for years.”
This week, JPMorgan Chase CEO Jamie Dimon sat down with Bloomberg’s Megan Murphy for an interview in Detroit.
Dimon talked about his bank’s efforts to revitalize Detroit, but also took the time to talk federal government policy. Asked about the election of Donald Trump, Dimon blasted Democrats’ “anti-business” policies:
But you had a complete upheaval. The Republicans are in charge, and they have not been anti-business the way you’ve seen the Democrats largely be anti-business for years. I think if you are going to be president, you should have the best people sitting around a table. I think it’s a mistake for the American public to constantly be told that if you work for an oil company or you work for a bank, that automatically makes you bad. I think a lot of these people are very qualified people who are patriots.
Dimon also criticized Democrats on infrastructure – “[they] say, ‘Spend mone. Just spend money.'” – and Dodd-Frank – “[a lot] was just the pet peeves of certain Democrats.”
Dimon also pledged his advice to Trump through the Business Roundtable, a group that Murphy said is “advising the president-elect on business policy.” Dimon suggested he’d advise “anyone who’s president”:
Obviously, advising anyone who’s president. I’m a patriot. I’ve always offered my help. I did to President Obama. I will to President-elect Trump. What I’ve heard is he wanted it to be about jobs and growing the economy. So it’ll be specifically about that.
Still, Dimon drew some lines in the sand: he disagreed with Trump on immigration, and noted that “President-elect Trump is different from candidate Trump” on that issue.
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