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JPMorgan CEO Jamie Dimon refused to answer a question on whether a second Trump term would be good for the US economy

Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co., speaks at the Economic Club of Washington September 12, 2016 in Washington, DC. Dimon joined a discussion on the state of U.S., global and regional economies.Jamie Dimon.

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  • Jamie Dimon did not respond to a query on whether a second Trump term could be good for the economy.
  • “I’m not going to answer that question,” Dimon told CNN’s Poppy Harlow.
  • When asked why, he replied: “I don’t want to.”

JPMorgan Chase CEO Jamie Dimon, who once served on former President Donald Trump’s business council, flatly refused to respond to a question from CNN anchor Poppy Harlow about whether it would be a good thing if Trump was re-elected in 2024. 

“You were on President Trump’s business council until it was dissolved. Do you think a second Trump term would be good for the US economy?” Harlow asked Dimon during an exclusive interview that aired on Thursday night.

“I’m not going to answer that question,” Dimon said. 

“Why?” Harlow pressed him. 

“I don’t want to,” Dimon replied.

Dimon did respond to Harlow’s follow-up question, about Trump’s policies. 

Dimon said that he thought Trump’s tax reforms helped bring money back to America, and that Trump helped lower the Black community’s unemployment rate in his last year in office.

“And so I think, you know, there are growth strategies that matter. He had some of those,” Dimon said. “But that’s not supporting him.”

Dimon joined the Trump administration’s business advisory council in 2016. 

“I am a patriot — I want to help my country and help it grow,” Dimon told the audience at a Goldman Sachs Financial Services conference when justifying his decision to join the panel. “I want to help lower-wage people more than I want to help you.”

The panel Dimon was on dissolved in 2017, after Trump said that “both sides” should take the blame for the violence that happened during a far-right rally in Charlottesville in August 2017 — a comment that made CEOs on the panel defect en masse.

In 2018, Dimon said he thought he could defeat Trump if they both ran for president.

“I think I could beat Trump,” Dimon said at a JPMorgan Chase event, per CNBC. “Because I’m as tough as he is, I’m smarter than he is. I would be fine. He could punch me all he wants, it wouldn’t work with me. I’d fight right back.”

“And by the way, this wealthy New Yorker actually earned his money,” Dimon added, hitting out at Trump. “It wasn’t a gift from Daddy.”

During the interview with CNN, Dimon told Harlow that his political philosophy remains the same: He said that his heart is Democratic, but his brain is Republican.

“I’m usually led by my heart,” Dimon said.

But he added that he thinks Republicans have a better handle on “policy” right now. 

Representatives for Dimon did not immediately respond to Insider’s request for comment sent outside regular business hours.

Read the original article on Business Insider
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