JPM - Dimon For President? Financial Circles Navigate Biden-Trump Dilemma | Benzinga
The idea of Jamie Dimon running for president has become popular in financial circles, akin to a trend gaining momentum.
The CEO of JP Morgan Chase & Co. (NYSE:JPM) has stated he isn’t interested in the role, especially if it involves an election, reported Reuters.
Despite this, financial pundits, including hedge fund manager Bill Ackman, have occasionally tried to encourage Dimon to run.
President Joe Biden‘s recent lackluster debate performance has reignited their hope, the report added.
The issue isn’t whether Dimon will actually run — he almost certainly won’t — but rather, why there is any desire for him to do so.
According to Reuters, the reason is clear: For Wall Street, the upcoming White House race, currently between Biden and former President Donald Trump, presents a notably unappealing set of options.
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