JPMorgan CEO Jamie Dimon breaks silence on why Donald Trump beat his pick Kamala Harris
Jamie Dimon was not surprised by the fact that Donald Trump won the presidential election in November, even though he had privately supported Kamala Harris.
The CEO of JPMorgan Chase said yesterday that he had traveled around the US and had the feeling that Americans did not want to be “lectured” by the government.
Speaking with Lesley Stahl in a interview On CBS Sunday Morning, the billionaire banker responded with a definitive “no” when asked whether he was shocked by the outcome.
‘People were angry at the… what do they call it? – the state, the swamp…ineffective government,” Dimon said as the reason he thought Trump won.
‘People wanted more pro-growth and pro-business policies. They didn’t want to be constantly lectured about social policy.’
He continued, “I think it’s the teaching part of it – the social superiority, it’s ‘My way or the highway.’
‘I traveled across the country. I felt it wherever I went.”
The 68-year-old’s comments come after he declined to endorse either candidate in last year’s election, despite reportedly privately backing Vice President Kamala Harris.
In an interview with CBS Sunday Morning with Lesley Stahl, the billionaire banker said he was not surprised by the fact that Donald Trump won the presidential election.
However, his wife Judy knocked for Harris in the swing state of Michigan the weekend before voters went to the polls.
She also donated nearly $200,000 to the Democratic National Committee and gave the Harris campaign $3,300 — the maximum individual donation allowed to be given to a candidate’s committee per election cycle. according to Open Secrets.
Dimon was also forced to publicly deny supporting Trump in October after the then-presidential candidate made the false claim on his social media site Truth Social.
The billionaire banker also faced rumors during the election cycle that he could be recruited for positions in both potential governments.
But shortly after his victory, Trump declared in a Truth Social post that Dimon would not join his new administration.
“I greatly respect Jamie Dimon of JPMorgan Chase, but he will not be invited to join the Trump administration. I thank Jamie for his outstanding service to our country!’ Trump wrote on November 14.
Dimon was forced to publicly deny in October that he had supported Trump
President-elect Donald Trump told Truth Social that JPMorgan Chase CEO Jamie Dimon would not be ‘invited’ to join Trump’s second White House
There was broad support for Trump, including on social media
Dimon then pushed back against the idea of him joining a team under the newly elected president shortly after Trump’s post.
“First of all, I wish the president well, and thank you, it is a very nice note,” he said at a summit in Lima, Peru.
“But I also want to tell the president that I haven’t had a boss in 25 years and I’m not ready to start yet,” he added.
The banker, who has an estimated fortune of about $2.6 billion, said his industry was “dancing in the streets” about Trump’s victory and the coming Republican majorities in the House of Representatives and the Senate.
Many on Wall Street are looking forward to a second Trump administration, which they see as a boon for business.