JPMorgan Chase’s Jamie Dimon shares what he told – Business News
JPMorgan Chase CEO Jamie Dimon has claimed in a new interview that he told Mayor Zohran Mamdani “everything I wanted to say” when the two met face-to-face final week, including that the sitdown was “pleasant.”
“He was very polite. It was very earnest. We had a very good conversation, but I said everything I wanted to say,” Dimon told Fox Business Network host Maria Bartiromo Friday. “I got to talk about affordable housing and child care. Most people want it. If you do it badly, it would be a disaster … Do it right. There are studies that can tell you how to do it right. Get people who know what they’re doing and implement proper policies.”
“Good policy is free,” added Dimon, a Queens native who has led JPMorgan Chase for 20 years. “I feel like telling the politicians, ‘Don’t try to raise more taxes or spend more money, sit down and fix policy.’”
The 70-year-old reminded Bartiromo that the 34-year-old Mamdani “has never had a job” just like the one he now holds.
“I mean, he’s running the city with 300,000 employees now,” Dimon stated forward of the Reagan National Economic Forum in Simi Valley, California. “And I’ve seen mayors who just, they fail abysmally because they can’t administer themselves out of a paper bag, or ideology blinds them to practical, realistic, real-world policy. And so we’ll see. And, you know, if I can help them do the good stuff, I’d be happy to do that.”
Mamdani met individually May 18 with Dimon and Goldman Sachs CEO David Solomon to try to clean over controversy over the mayor’s far-left coverage plans, together with for a so-called pied-a-terre tax on second properties valued at $1 million or more.
Hizzoner was broadly criticized for filming a video selling the new tax outdoors a penthouse owned by hedge fund titan Ken Griffin — who responded by calling the stunt “creepy,” saying an growth of his Citadel fund’s operations in Florida relatively than New York, and even suggesting the company would possibly scrap a $6 billion Park Avenue development.
“My guess is he probably regrets that,” Dimon stated Friday of Mamdani’s video, “but you got to ask him that.”
