CEO Jamie Dimon has 'no plans' to run for office, says JPMorgan spokesman

Bill Ackman said last week that Dimon should run for president in 2024, describing him as a political centrist who could beat President Joe Biden in a primary or Trump in election

Jamie Dimon, JPMorgan
Bloomberg
2 min read Last Updated : Jun 05 2023 | 8:37 PM IST
By Hannah Levitt

Jamie Dimon, the longtime JPMorgan Chase & Co. chief, is not planning on running for office, according to a company spokesperson.
 
“As he has said in the past, Jamie has no plans to run for office,” Joe Evangelisti, a spokesman for the firm, said in a statement Monday. “He is very happy in his current role.”
 
Dimon, 67, said in a Bloomberg Television interview last week that a political career has crossed his mind and “maybe one day I’ll serve my country in one capacity or another.” The comment set off a fresh round of speculation that he might run for president.
 
The CEO, who has been in his role since 2005, is known for his outspoken views on US public policy, routinely dedicating pages to it in his annual shareholder letter. After Donald Trump was elected in 2016, there was speculation that Dimon might join his administration as Treasury secretary. 
 
In 2018, Dimon said he could beat then-President Trump in an election, saying he was “as tough” and “smarter.” Later that day, he said he wasn’t running for president and his comment about Trump “proves I wouldn’t make a good politician.” The following year, Dimon said that while he did think about a presidential candidacy, he decided against it. 
 
Pershing Square’s Bill Ackman said last week that Dimon should run for president in 2024, describing him as a political centrist who could beat President Joe Biden in a primary or Trump in a general election. 
 
©2023 Bloomberg L.P.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Joe BidenJPMorganUS PresidentUnited StatesJPMorgan Chase & CoDonald TrumpUS banks

First Published: Jun 05 2023 | 8:37 PM IST

Next Story