JPMorgan chief: CEOs might not make good presidents

The head of banking giant JPMorgan Chase said in an interview Sunday that business executives don’t have everything it takes to be president.

Jamie Dimon, long active in Democratic politics and a support of the Clintons, told NBC’s “Meet the Press” host Chuck Todd that some attributes chief executive officers (CEO) can be helpful for presidents, but not all.

{mosads}Real estate mogul and reality television star Donald Trump and former Hewlett-Packard CEO Carly Fiorina are both running for the Republican nomination for president.

“I think some of the attributes could be good. Running things, knowing how to run things, knowing how to get good people involved,” Dimon said.

But those skills aren’t the whole story, he said.

“It’s not sufficient. I think you have a whole ‘nother set of attributes. I think it’s really complex politics,” he said. “It’s three-dimensional chess.”

Dimon also criticized current political leaders for gridlock on a variety of policy issues and said that the economy would be growing at a better clip if leaders had their act together.

“For example, the debt ceiling crisis, government shutdowns, gridlock on taxes, budgets, we didn’t finish immigration policy,” he said.

“Those things are not good for America,” Dimon continued, adding immigration reform as another example.

“If we do those things we’d be growing a lot faster,” he said.

Dimon supported former secretary of state Hillary Clinton for president in her 2008 run that she lost to President Obama.

But he declined to endorse Clinton in his NBC interview, or anyone else, saying it’s too early in the process.

Tags 2016 presidential election Carly Fiorina Donald Trump Hillary Clinton Jamie Dimon JPMorgan Sunday shows

Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Regular the hill posts

Main Area Top ↴

THE HILL MORNING SHOW

Main Area Bottom ↴

Most Popular

Load more