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Leadership

Jamie Dimon’s Advice to the Remaining Presidential Candidates

By
Michal Addady
Michal Addady
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By
Michal Addady
Michal Addady
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May 11, 2016, 1:20 PM ET
JPMorgan Chase CEO Jamie Dimon And Detroit Mayor Duggan Discuss The Bank's Investment In Detroit
WASHINGTON, DC - APRIL 05: Jamie Dimon, chairman and CEO of JPMorgan Chase & Co., participates in a discussion on Detroit's economic recovery on April 5, 2016 in Washington, DC. JPMorgan Chase announced they will make a five-year, $125 million commitment to Detroit's economic recovery. (Photo by Mark Wilson/Getty Images)Photo by Mark Wilson—Getty Images

JP Morgan (JPYYL) Chairman and CEO Jamie Dimon has a few things to say to the remaining three presidential candidates.

Dimon participated in a phone interview on Wednesday on CNBC’s Squawk Box. “If the next president does the right things around immigration, corporate and individual tax reform, [and] infrastructure spending,” the banker said, “America would be booming.”

He didn’t single out any candidate, or provide any details on what exactly the “right things” are. However, he did give them advice on what not to do: “Denigration, scapegoating, finger-pointing, and yelling.” He instead suggested a more cooperative effort that involves “collaboration, analysis and getting people together across the spectrum of civic society, not-for-profit, education, government and business.”

Dimon didn’t seem to hint that he may prefer any of the three candidates. In 2012 he told NBC’s Meet the Press that he’s “barely a Democrat at this point,” but the Republican option likely isn’t very appealing to him either.

 

Coins2Day reported in September that Dimon, though a CEO himself, doesn’t think that a CEO (ahem, Donald Trump) would make a good president. He said that politics is like playing “three-dimensional chess,” and the attributes that a corporate leader could bring to the table simply aren’t sufficient.

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