JPMorgan CEO Jamie Dimon Running For Presidency? Bank Clarifies He Will Not

JP Morgan Chase & Co JPM cleared the air about CEO Jamie Dimon's plan to not run for public office amid speculation about his potential political aspirations.
The comment comes after billionaire hedge fund manager Bill Ackman said last week Dimon should run for president in the next U.S. elections, Reuters reports.
Dimon had hinted at possibly serving his country without specifying a role.
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In May, Dimon, 67, voiced plans to remain the leader of the largest U.S. bank for another "3-1/2" years. He had expressed confidence in the next generation of management and the board's succession planning.
Dimon emphasized the bank's plans regarding his tenure were unchanged, without giving out any specifics, at a gathering of investors in New York.
U.S. proposed bank CEOs, including Dimon, as potential candidates for senior government positions like U.S. Treasury secretary or other economic policy roles.
Former Goldman Sachs Group, Inc GS CEO Henry Paulson led the Treasury during the financial crisis.
Price Action: JPM shares traded lower by 0.06% at $139.00 premarket on the last check Tuesday.
Photo via Wikimedia Commons

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