JPMorgan Chase & Co (NYSE:JPM) CEO Jamie Dimon has unleashed a morning full of speculation and gossip after Bloomberg reported he will be in a private meeting today in Washington, D.C., with a group of moderate House Democrats.
Bloomberg sourced its reporting from unnamed “people familiar with the matter” – neither Dimon’s office nor the New Democratic Coalition made any official announcement regarding the reason for the closed-door lunch engagement. The New Democratic Coalition promotes itself online as a “solutions oriented coalition seeking to bridge the gap between left and right by challenging outmoded partisan approaches to governing.”
Dimon, a self-identified Democrat, found himself in the center of political chatter last week when hedge fund executive Bill Ackman suggested he should run for president. Yesterday, Reuters reported that JPMorgan Chase issued a statement that Dimon had no plans to run for office, although last week he was quoted in a Bloomberg interview claiming that “maybe one day I’ll serve my country in one capacity or another,” which some observers saw as a thinly veiled desire to move from the private sector to public service.
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So if Dimon is not planning on running for president why has he hired people to set up campaign offices in various states? Is he another lying politician?