Fun

Jamie Dimon bashes partisan politics in presidential election op-ed

News Feed - 2024-08-03 05:08:05

Tristan Greene3 hours agoJamie Dimon bashes partisan politics in presidential election op-edThe JPMorgan boss didn’t mention any candidates by name, but his message left little doubt about whom he was referring to.5926 Total viewsListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTCOINTELEGRAPH IN YOUR SOCIAL FEEDFollow ourSubscribe onJPMorgan Chase chairman and CEO Jamie Dimon recently shared his strong views on what the next United States president needs to do in order to rescue the nation from what he called “the most complicated geopolitical situation since World War II.” 


His commentary came in the form of an op-ed published in the Washington Post on Aug. 2, and by and large, his opinions centered on squashing the internal beef between US politicians of rival parties and the citizens who support them.


Instead of perpetuating political tribalism, Dimon said the next president should focus on the issues of righting the economy, securing US borders, and “renewing national pride by unabashedly teaching civics and American exceptionalism without papering over our mistakes.”Pro-business


While the article’s message was unabashedly political, it was also rife with pro-business undertones. In solving the country’s problem, Dimon sees politicians meeting both their rivals and members of the business community more than halfway:“The private sector has huge wells of expertise and produces 85 percent of our nation’s jobs. It should have a seat at the table. Yet in recent years, government leaders have often failed to engage those in industry. A president should put the most talented people, including those from business and the opposite party, into their Cabinet.”


It’s hard to imagine a modern US president appointing a political rival from the opposition party to a cabinet position, but the idea of a rival businessperson getting a spot in a president’s cabinet didn’t seem so strange in mid-June when Republican presidential candidate Donald Trump reportedly told a Bloomberg reporter he’d be willing to consider Dimon for secretary of the Treasury.


Trump later denied the report, saying he’d never considered Dimonfor the position.


It seems unlikely, in the wake of Dimon’s WaPo op-ed, that the JPMorgan CEO would have taken the job if offered. After citing the bipartisan, multiyear effort to restore the city of Detroit as an example of what US politicians can accomplish when they work together, Dimon ended his essay with a call for unity:“Recognize that voters are all different and have good reasons to think differently. Do not insult, stereotype, weaponize, scapegoat or gaslight. And do not attack them. Engage them.”


This seemingly sound advice may ring hollow to those in the Bitcoin (BTC) and cryptocurrency communities, given Dimon’s history of antagonistic rhetoric toward the technology and those who support it.


Related:Harris campaign aims to repair Democratic Party ties with crypto sector# Politics# Business# United States# Elections# Jamie Dimon# Donald Trump# JPMorgan Chase# Regulation# Kamala HarrisAdd reaction

News Feed

Arijit Sarkar40 minutes agoAustralia to impose capital gains tax on wrapped cryptocurrency tokensDelivering a major hit to Australian crypto investors, the ATO stated that wrapping or unwrapping tokens — irrespective o
Gareth Jenkinson11 hours agoCoinEx to resume service with new wallet system following $70M hackCoinEx has rebuilt its wallet system following a $70 million hack and is set to resume deposits and withdrawals for select cr
Galaxy Digital Terminates $1.2 Billion Bitgo Acquisition Deal, Crypto Firm Still Plans for Nasdaq Listing
Galaxy Digital Terminates $1.2 Billion Bitgo Acquisition Deal, Crypto Firm Still Plans for Nasdaq Listing Galaxy Digital Holdings and the company’s CEO and founder Mike Novo
Law Project Establishes Period to Decide Cryptocurrency Regulations in Brazil
Law Project Establishes Period to Decide Cryptocurrency Regulations in Brazil A law project introduced in June in the National Congress of Brazil has jumped into the spotlight rece
Hong Kong legislator eyes Bitcoin for fiscal reserves
Amaka Nwaokocha14 hours agoHong Kong legislator eyes Bitcoin for fiscal reservesBy engaging with stakeholders and focusing on compliance, Johnny Ng aims to position Hong Kong as a leader in adopting Bitcoin and Web3 tech
Analyst Reveals When The Ethereum Price Will Reach A New ATH, It’s Closer Than You Think
Este artículo también está disponible en español. The Ethereum price has been consolidating for about a weeksince it hit a four-month high at $3,420. As the second larges
Undefeated Gilberto ‘Zurdo’ Ramirez Heads to the Ring With Bitcoin.com in His Corner
Undefeated Gilberto ‘Zurdo’ Ramirez Heads to the Ring With Bitcoin.com in His Corner Gilberto ‘Zurdo’ Ramírez, a Mexican boxer with an impeccable professiona
Davos 2023: WEF Unveils Global Collaboration Village Metaverse Platform
Davos 2023: WEF Unveils Global Collaboration Village Metaverse Platform The World Economic Forum (WEF) has announced the rollout of the Global Collaboration Village, its own metave
Veteran Trader Peter Brandt Warns Bitcoin’s Price Corrections Can Be Lengthy
Veteran Trader Peter Brandt Warns Bitcoin"s Price Corrections Can Be Lengthy Veteran trader Peter Brandt has warned that bitcoin’s price corrections have taken many months i
Selling Social Media Posts for $1.5 Million? Blockchain-Certified Tweet Sales Spark NFT Controversy
Selling Social Media Posts for $1.5 Million? Blockchain-Certified Tweet Sales Spark NFT Controversy The cryptocurrency community is in a tizzy this weekend after
Amaka Nwaokocha11 hours agoManta Network developer raises $25M in Series A, launches layer 2 for ZK appsThe funds will be utilized to expand the network, attract more users and explore diverse use cases for Manta Pacific
Arijit Sarkar1 hour agoSingapore awards major payment institution license to Sygnum Bank subsidiarySygnum Singapore plans to expand its regulated offering to Asia-Pacific (APAC) markets, such as Hong Kong, a spokesperson