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JPMorgan Chase CEO Jamie Dimon privately backs Kamala Harris for president, a New York Times investigation has revealed.
The main executive has reportedly not made his stance known publically because he is acrophobic that Donald Trump will retaliate against group and companies who opposed his tally if he is elected adjacent month.
Dimon, who is simply a registered Democrat, has been uncharacteristically quiet astir his governmental leanings successful caller months.
This had led immoderate watchers to estimate whether he had switched his allegiance to nan Republican candidate.
In January, he faced fierce backlash aft he said astatine nan World Economic Forum successful Davos, Switzerland, that Trump had been 'kind of right' astir immoderate economical issues specified arsenic taxation cuts.
The main executive has reportedly not made his stance known publicly
Dimon felt trapped and wounded to beryllium tied to nan Trump agenda, according to nan New York Times, and tried to spell backmost connected nan connection by saying it reflected his respect for Americans who voted for nan erstwhile president.
Dimon was past forced to publically contradict that he had endorsed Trump earlier this month, aft nan statesmanlike campaigner made nan mendacious declare connected his societal media tract Truth Social.
'I'm not endorsing anyone astatine this time. I walk much of my clip connected policy. What's nan argumentation we request that tin really thief some nan world, overseas policy, and domestically?', Dimon said via a spokesperson astatine nan time.
In private, however, nan 68-year-old has made it clear that he supports Vice President Harris.
He would besides reportedly see a role, possibly Treasury secretary, successful her administration.
The banker, who has an estimated nett worthy of astir $2.4 billion, has allegedly told his associates that he considers Trump's 2020 predetermination denialism adjacent to a disqualifying factor.
The New York Times said to 'colleagues, friends, associates and rivals' of Dimon for nan report.
His nationalist quiet erstwhile it comes to nan predetermination has been noticed some successful Washington and connected Wall Street, according to nan report.
Dimon, who has been main of nan largest slope successful nan US for astir 2 decades, has typically been vocal connected galore topics - including migration and economical inequality.
'With Jamie, it's absorbing because he styles himself arsenic a awesome leader transcending his ain business needs,' Robert Reich, erstwhile caput of labour successful nan Clinton administration, told nan New York Times.
'If he were really concerned astir nan federation and each of nan values that he says he's concerned about, not only would he not beryllium supporting Trump - he'd beryllium vocally and angrily and pinch each of his mightiness making judge that Trump did not get different ace astatine nan White House.'
In private, Dimon has made it clear that he supports Vice President Harris, according to a New York Times report
Dimon was forced to publically contradict that he had endorsed Trump earlier this month
Both nan Trump and Harris campaigns person reportedly sought Dimon's nationalist support. But neither responded to nan New York Times' requests for comment.
In 2012, Dimon had a conflict pinch Harris, past lawyer wide of California, amid negotiations pinch a group of states complete large slope foreclosure abuses. Harris later recounted successful her autobiography that nan brace were for illustration 'dogs successful a fight.'
But she has reportedly called him this summertime to perceive his views connected issues specified arsenic economical inequality.
Two anonymous group told nan New York Times that Dimon has besides flirted pinch nan thought of moving for agency himself - reportedly discussing it pinch JPMorgan subordinates and family members.
In backstage conversations pinch executives supportive of Harris, he has allegedly said that he has a work to JPMorgan shareholders to protect nan institution from imaginable governmental retaliation, 2 group told nan outlet.
Dimon refused to beryllium interviewed for nan article.
Joseph Evangelisti, a JPMorgan spokesman, said successful an connection that nan main executive 'has ne'er publically endorsed a statesmanlike candidate, but he speaks retired forcefully and often connected policies to thief fortify our state and assistance up communities.
'His comments are often weaponized by nan near aliases correct erstwhile he weighs successful connected authorities aliases politicians, which is not constructive to helping lick our country's biggest problems.'
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