In a revealing investigation by the New York Times, JPMorgan Chase CEO Jamie Dimon has privately expressed support for Vice President Kamala Harris’s presidential aspirations, while publicly maintaining neutrality due to concerns about potential retaliation from Donald Trump.
Dimon, who leads America’s largest bank and carries an estimated net worth of $2.4 billion, has reportedly shared his support for Harris with associates while keeping his stance out of the public eye.
The investigation, which drew from conversations with colleagues, friends, associates and rivals, suggests the banking executive would consider serving as Treasury Secretary in a Harris administration.
The 68-year-old CEO’s uncharacteristic silence on political matters has drawn attention in both Washington and Wall Street circles.
Known for his outspoken views on immigration and economic inequality, Dimon’s recent public statements have been notably measured.
Daily Mail reported that in January, Dimon faced criticism after commenting at the World Economic Forum that Trump had been “kind of right” about certain economic issues, including tax cuts.
This association with Trump’s agenda left Dimon feeling trapped and wounded, leading him to later clarify his statement as merely acknowledging Trump voters’ perspectives.
The Times investigation also revealed that the situation intensified when Trump incorrectly claimed Dimon’s endorsement on Truth Social, forcing the banking executive to issue a public denial through a spokesperson.
“I’m not endorsing anyone at this time. I spend more of my time on policy,” Dimon stated.
Despite a previous confrontational relationship with Harris during her tenure as California’s attorney general–which Harris described as “dogs in a fight” in her autobiography–the veep reportedly reached out to Dimon this summer to discuss economic inequality.
Sources revealed to the Times that Dimon has expressed concerns about Trump’s denial of the 2020 election results, viewing it as potentially disqualifying.
Both the Trump and Harris campaigns have sought Dimon’s public endorsement, though neither responded to requests for comment.
Joseph Evangelisti, JPMorgan’s spokesman, maintained that Dimon “has never publicly endorsed a presidential candidate” but speaks out on policies to strengthen the country.
He added that Dimon’s comments are often “weaponized by the left or right.”
Former secretary of labor in the Clinton administration Robert Reich told the Times, “’With Jamie, it’s interesting because he styles himself as a major leader transcending his own business needs.”
“If he were really concerned about the nation and all of the values that he says he’s concerned about, not only would he not be supporting Trump – he’d be vocally and angrily and with all of his might making sure that Trump did not get another crack at the White House.”
The post Wall Street Titan Secretly Backs Harris, Fears Trump Revenge: Report appeared first on Resist the Mainstream.
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Author: Jordyn M.
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