Tags: Trump Administration | Jamie Dimon | Chairman | Business Roundable | Trump

Wash Post: JPMorgan CEO Jamie Dimon to Lead Outreach to Trump Admin.

Wash Post: JPMorgan CEO Jamie Dimon to Lead Outreach to Trump Admin.

(AP)

By    |   Wednesday, 07 December 2016 02:57 PM

The chairman and CEO of JPMorgan Chase, Jamie Dimon, is set to be the next leader of Business Roundtable, a powerful lobbying organization, according to The Washington Post.

The Roundtable's 192 chief executives voted Wednesday to appoint Dimon for a two-year term.

"By helping to bridge the divide between political parties and working collaboratively to find solutions, Business Roundtable can play a key role in fostering economic mobility and sustained growth… that creates opportunity for everyone in this country," Dimon said in a statement.

Dimon is a member of President-elect Donald Trump's economic advisory team, but describes himself as a Democrat, the Post reports.

Dimon is likely to pursue cooperation with Trump and Congress' Republican majority on reducing corporate taxes and eliminating some of President Barack Obama's financial and environmental regulations, according to the Post.

He also intends to push the business community to work with Trump on job training and other investments for working-class Americans.

AT&T chairman and CEO Randall Stephenson said Dimon supported workers and had a wide knowledge about U.S. industry, adding that he's also "very practical."

"He's an influential voice and strong advocate for immigration reform," said former Michigan Gov. John Engler.

Dimon had been the leader of JPMorgan Chase for more than 10 years, and has been one of Obama's allies on Wall Street.

According to the Post, Dimon recently urged JPMorgan to put $325 million into skill training for workers in America, and $100 million in urban renewal in Detroit.

Speaking at the Goldman Sachs Financial Services conference, Dimon said,

"I am a patriot — I want to help my country and help it grow. I want to help lower-wage people more than I want to help you," Dimon said during a speech at the Goldman Sachs Financial Services conference, according to Business Insider.

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The chairman and CEO of JPMorgan Chase, Jamie Dimon, is set to be the next leader of Business Roundtable, a powerful lobbying organization, according to The Washington Post.
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Wednesday, 07 December 2016 02:57 PM
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