Dimon 2020? JPMorgan CEO Stresses Need for 'Competent Government' | NTK Network Dimon 2020? JPMorgan CEO Stresses Need for ‘Competent Government’

Dimon 2020? JPMorgan CEO Stresses Need for ‘Competent Government’

The bank CEO has been mentioned as a possible presidential candidate in the past. A new op-ed in the Wall Street Journal, and an exclusive in Axios, may add to the speculation.

By NTK Staff | 04.05.2018 @9:00am
Dimon 2020? JPMorgan CEO Stresses Need for ‘Competent Government’

Speculation about a presidential run for current JPMorgan Chase CEO Jamie Dimon may ramp up again with the publication of his annual shareholder letter calling for a more “competent government” in Washington, D.C.

Axios had a “sneak peek” of the letter on Thursday morning:

“Collaboration: People don’t think about the challenges in their everyday lives as being Democratic or Republican issues — and our political leaders need to stop thinking that way. We need a well-performing, competent government to thrive as a nation.”

Dimon also talked about diversity, criminal justice reform, “global engagement,” and trade, with subtle jabs at President Trump on the latter two topics.

“Global Engagement & Trade: Reversing the interconnectedness built by our post-World War II institutions is neither desirable nor feasible. As a nation, we cannot isolate ourselves any more than we can stem the ocean’s tide.”

The letter, or at least the highlights picked out by Axios, read more like a 2020 campaign document than a letter to bank shareholders.

Last year, Dimon teamed up with AFL-CIO CEO Richard Trumka for a Fortune op-ed about helping Americans find work. The op-ed stirred speculation of a 2020 presidential run for Dimon before the bank chairman told CNBC in January he doesn’t “plan to” run in 2020 (but didn’t rule out the possibility).

Dimon’s quasi-political shareholder letter may again stir speculation that the powerful businessman is mulling a challenge to President Trump in 2020.

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