By Nupur Anand
NEW YORK (Reuters) – JPMorgan Chase (NYSE:) CEO Jamie Dimon has outlined his want checklist of management abilities that the following U.S. president ought to possess, however stopped wanting endorsing a candidate.
In a Washington Put up op-ed printed on Friday titled, “Our next president must restore our faith in America,” Dimon emphasised the necessity for the following chief to unite the nation as a substitute of pandering to extremes.
Dimon, who has run JPMorgan since 2006, is amongst a bunch of monetary CEOs whose names have been floated for senior financial roles in authorities, together with Treasury secretary.
Former U.S. President Donald Trump informed Bloomberg in late June he would contemplate Dimon for treasury secretary if he received the Nov. 5 election.
Individually, Vice President Kamala Harris had lunch with Dimon on the White Home in March, in keeping with a supply acquainted with the scenario who declined to be recognized discussing the personal assembly.
Dimon’s op-ed comes after the Republican Nationwide Conference in mid-July and earlier than the Democratic Nationwide Conference in late August.
Whereas his future plans have lengthy been the topic of hypothesis, the concentrate on Dimon’s subsequent steps have intensified this 12 months after JPMorgan’s board recognized potential successors, paving the best way for an eventual management transition.
Dimon is without doubt one of the most distinguished voices on Wall Avenue, however his affect extends properly past enterprise and the economic system. The CEO typically weighs in on coverage points comparable to American management, job coaching and vitality safety.
Dimon underscored the necessity for the following presidential administration to have members from each political events, in addition to leaders from the personal sector.
“A president should put the most talented people, including those from business and the opposite party, into their Cabinet,” Dimon wrote.
He cited Presidents Abraham Lincoln, Harry Truman and Dwight Eisenhower as exemplars who “guided us forward with common sense and pragmatism,” Dimon wrote.
Amongst his a number of coverage suggestions, the CEO emphasised the significance of vitality in overseas coverage.
“When our allies are fighting wars to defend their sovereignty and democracies, and desperately need secure and reliable energy sources, delaying long-term liquid projects in Louisiana and Texas is misguided and self-defeating,” he wrote.
And in home coverage, “we can easily reform our mortgage policies to make homeownership more affordable for lower-income Americans,” Dimon wrote.
He additionally known as on the following president to work to earn the help of all voters.
“Do not insult, stereotype, weaponize, scapegoat or gaslight,” Dimon mentioned. “And do not attack them. Engage them. This takes bravery.”
