JP Morgan CEO says Haley is only candidate who can save the economy

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JP Morgan Chase CEO Jamie Dimon believes Nikki Haley is the only 2024 candidate who can save the US economy and has held private talks with her in an effort to catch front-runner Donald Trump. Haley, an accountant by trade, has emerged as a strong candidate on the ground, trailing Trump by dozens of points and earning high-profile supporters after Sen. Tim Scott suspended his campaign this weekend.

Earning Dimon’s support could help Haley move forward and secure her spot as the No. 2 candidate ahead of the fourth primary debate next month, as the Republican playing field continues to shrink. Dimon believes Haley is the best person to save the struggling American economy. The former UN ambassador has said on several occasions that America needs an accountant in the White House amid a series of economic and financial disasters in the US – including record high inflation and a recession.

Dimon has made a series of informal calls with Haley in a sign of growing enthusiasm among donors for her candidacy, a top banking source told Axios. Before serving as UN ambassador under former President Trump, Haley served as governor of South Carolina, becoming the first Indian-American to hold office in the Palmetto State at the time. After Sen. Scott of South Carolina suspended his bid for president this weekend, donors and supporters who once backed his campaign have flocked to Haley’s camp.

Despite this, Scott’s departure from the race has not had a major impact on the polls. An NBC News/Des Moines Register/Mediacom poll released last month found Trump, as usual, in first place with 43 percent — with Haley and Florida Governor Ron DeSantis finishing in the top spot. second place with 16 percent each. Scott earned 7 percent among likely Iowa caucusgoers in that poll.

By reallocating the horse racing numbers to second place after Scott suspended his campaign, DeSantis and Haley climbed just two points each and remained a distant second to Trump. Haley’s strong debate performances have led Republicans to think she could get past Trump — and take on Biden in the 2024 general election.

Dimon is impressed with Haley’s economic acumen and recognition of the intersectionality of business and government. Campaign aides and donors were blindsided by Scott’s announcement on Fox News Sunday night that he was ending his bid for president, just four days after the third GOP debate, where he publicly debuted his relationship with interior designer Mindy Noce.

Eric LeVine, a major donor based in Seattle who campaigned for Scott in New York, and fellow donor and metals magnate Andy Sabin, now say they will support former U.N. Ambassador Haley’s presidential campaign. Other donors also indicated they are looking to Scott Haley as their backup after Scott’s suspension — and not front-runner Donald Trump or de facto second-place DeSantis.

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