Nupur Anand
NEW YORK (Reuters) – JPMorgan Chase & Co (NYSE: ) Chief Govt Jamie Dimon laid out a listing of management abilities he desires the following U.S. president to have however stopped in need of endorsing a candidate.
In a Washington Publish op-ed titled “Our subsequent president should restore our religion in America,” printed on Friday, Dimon emphasised that the following chief must unite the nation somewhat than pander to extremes.
Dimon, who has led JPMorgan Chase since 2006, is one among an extended line of monetary business CEOs whose names have been nominated for prime authorities financial posts, together with Treasury secretary.
Former US President Donald Trump informed Bloomberg in late June that Dimon would take into account serving as Treasury secretary if he wins the November 5 election.
Individually, Vice President Kamala Harris had lunch with Dimon on the White Home in March, based on an individual aware of the matter who requested to not be named.
Dimon’s op-ed was printed after the Republican Nationwide Conference in mid-July and earlier than the Democratic Nationwide Conference in late August.
Whereas Dimon’s future plans have lengthy been the topic of hypothesis, deal with Dimon’s subsequent steps has intensified this yr after JPMorgan Chase’s board recognized a possible successor, paving the way in which for an eventual management transition. .
Dimon is likely one of the most outstanding voices on Wall Road, however his affect extends far past enterprise and economics. The CEO is often concerned in coverage points reminiscent of American management, job coaching and vitality safety.
Dimon harassed that the following presidential administration wants members from each political events in addition to leaders from the personal sector.
“The president ought to add probably the most gifted folks to his Cupboard, together with these from enterprise and the opposition,” Dimon wrote.
Dimon wrote that he cited Presidents Abraham Lincoln, Harry Truman and Dwight Eisenhower as examples of how “frequent sense and pragmatism ought to information us ahead.”
Amongst a number of of his coverage proposals, the CEO emphasised the significance of vitality in overseas coverage.
“Delaying long-term liquids initiatives in Louisiana and Texas is misguided and self-defeating when our allies are combating wars to defend sovereignty and democracy and desperately want secure, dependable vitality,” he wrote.
On the home coverage entrance, “We are able to simply reform mortgage coverage to make homeownership extra inexpensive for low-income Individuals,” Dimon wrote.
He additionally referred to as on the following president to work exhausting to win the assist of all voters.
“Do not insult, stereotype, weaponize, scapegoat or gaslight,” Dimon stated. “Do not assault them. Have interaction them. That takes braveness.”
