JP Morgan CEO Jamie Dimon Says 'We Should Not Sleepwalk Into Disaster' – Says Next President Should Unite America

JPMorgan Chase CEO Jamie Dimon said the next president should unite America by treating opposing views, complaints and critiques as opportunities to find common ground.

In an Aug. 2 opinion piece in The Washington Post, Dimon said the next president should restore the public's faith in America and called on the next leader to unite the nation and acknowledge problems so they can be fixed.

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"We should not sleepwalk into disaster – we will prevail, but we need an active, comprehensive effort," Dimon wrote. "This is precisely the time when strong American leadership is needed to unite us and strengthen the indispensable role our country plays for the safety of the world."

Dimon, who did not endorse Republican nominee Donald Trump or presumptive Democratic nominee Vice President Kamala Harris, told investors in May that he likely will step down from his role at JPMorgan in less than five years. Still, it could be less, depending on the board's decision.

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Dimon has said he doesn't want a public role, but Trump told Bloomberg in late June that he would consider him for Treasury secretary if he wins the election in November. Harris reportedly had lunch with Dimon in March.

In the opinion article, Dimon emphasized the importance of the next presidential administration, which should include members from both political parties and leaders from the private sector.

"A president should put the most talented people, including those from business and the opposite party, into their Cabinet," Dimon wrote.


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Among his policy recommendations, Dimon highlighted the critical role of energy in foreign policy. He said delaying long-term liquid natural gas projects in Louisiana and Texas is "misguided and self-defeating" when U.S. allies defending their sovereignty and democracies urgently need secure and reliable energy sources.

As for domestic policy, he said the mortgage system can be reformed to make homeownership more affordable for lower-income Americans.

He said the next president should work to earn the support of all voters by not insulting, stereotyping, or attacking them.

"America has all the advantages, and we can win the future with smart policy, courageous leaders and everyone with a seat at the table moving in concert," Dimon said. "We need to elect a president who is dedicated to the ideals that define and unite us and who is committed to restoring our faith in America and our indispensable role in the world."

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