Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

JPMorgan's Jamie Dimon says he won't seek office as he meets with US House Democrats

Published 06/05/2023, 11:20 PM
Updated 06/06/2023, 01:31 PM
© Reuters. FILE PHOTO: Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., pauses as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023. REUTERS/Marco Bello/File Photo

By Moira Warburton

WASHINGTON (Reuters) -JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Tuesday that he was not seeking public office as he met with a group of Democrats in the U.S. House of Representatives to discuss economic matters.

Dimon told reporters he was not in Washington to discuss a possible political career and said he was not considering a run for president.

"I am not," Dimon told reporters ahead of the meeting. "I don't know why I have to answer that question anymore."

The company said on Monday that Dimon does not intend to run for office after speculation in recent days about his potential political aspirations. Dimon said last week he might consider a position in the public sector someday.

Dimon was on Capitol Hill to meet with the New Democrat Coalition, a group of centrist House Democrats.

"We're talking about helping grow our economy and make it more prosperous for everybody," Dimon said as he entered the closed-door meeting.

Bloomberg reported last month that Dimon, along with other banking executives, met with Senate Majority Leader Chuck Schumer, a Democrat, to discuss the federal debt ceiling.

Latest comments

Thomas Jefferson would be rolling in his grave.
moderate democrat now a day is Reagan era republican.
That's certainly true in world affairs.
absolute proof, republicans are no longer the fiscal conservative party. Even the super rich smart people here can see that now right?
Actually, proof that the Dems need some advice from a capitalist!
Yeah maga communists will keep pushing anti woke meaningless policies that are bad for business and socializing debt for their cronies in oil and agriculture
Mr. Dimon is a Demicrat.
Oh oh 😩
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.