JPMorgan CEO Blasts American Media, Washington In Bizarre Conference Call

JPMorgan CEO Blasts American Media, Washington In Bizarre Conference Call

Wholly unsurprisingly, JPMorgan Chase CEO Jamie Dimon made financial pages headlines for abstractly criticizing Washington bureaucracy and the American media during a conference call with reporters on Friday. The call was meant to detail the bank’s record-breaking second quarter earnings.

“It’s almost an embarrassment being an American citizen traveling around the world and listening to the stupid shit we have to deal with in this country,” Dimon — who’d recently returned from an overseas work trip — complained, repeatedly banging on the table.

“The United States of America has to start to focus on policy which is good for all Americans, and that is infrastructure, regulation, taxation, education,” he went on. “Why you guys don’t write about it every day is completely beyond me. And, like, who cares about fixed income trading in the last two weeks of June? I mean seriously.”

Dimon, a major Democratic donor worth $1.16 billion as of this writing, endorsed a theoretical 10% tax hike for top income earners in 2015 before refusing an offer to be President Trump’s treasury secretary.

Asked by one reporter on Friday if his criticism was aimed at the Trump administration, Dimon said “No,” adding, “That was frustration with you.”

Photo: Steve Jurvetson via Wikimedia Commons

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

Mike Johnson
Speaker Mike Johnson

House Democratic leadership announced Tuesday that they’ll allow members to block any effort from Rep. Marjorie Taylor Greene (R-GA) and her tiny team of nihilists to oust Speaker Mike Johnson, a reminder of where the power sits in the House.

Keep reading...Show less
Trump Endorses Anti-Abortion Monitoring Of Pregnancy By States

Former President Donald Trump

Killing Abortion Ban Repeal

With little more than six months until Election Day, Donald Trump is preparing for an “authoritarian” presidency, and a massive, multi-million dollar operation called Project 2025, organized by The Heritage Foundation and headed by a former top Trump White House official, is proposing what it would like to be his agenda. In its 920-page policy manual the word “abortion” appears nearly 200 times.

Keep reading...Show less
{{ post.roar_specific_data.api_data.analytics }}