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Eugene

(61,823 posts)
Sat Sep 9, 2017, 02:41 AM Sep 2017

Jamie Dimon ventures beyond Wall Street to have a say in Washington

Source: Reuters

#BUSINESS NEWS SEPTEMBER 8, 2017 / 12:35 PM / UPDATED 12 HOURS AGO

Jamie Dimon ventures beyond Wall Street to have a say in Washington

Pete Schroeder, David Henry
6 MIN READ

WASHINGTON/NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon is starting to look like Corporate America’s shadow president.

The 61-year-old banker has made more than a dozen trips to Washington so far this year to press a broad agenda with a range of influential policymakers, people who attended the meetings or are familiar with his schedule said. Dimon has already visited the nation’s capital four times as much as he does in a typical year.

His ramped-up presence comes after taking the helm of the Business Roundtable, a lobbying group that represents CEOs of large U.S. companies, in December.

“We couldn’t ask for a more engaged or more effective Business Roundtable chair,” said Joshua Bolten, former chief of staff for President George W. Bush, whom Dimon installed as the organization’s president and CEO.

The frequency of his trips, and the wide range of policies he has been discussing, have started chatter among power brokers in Washington and on Wall Street about how much energy Dimon is devoting to issues beyond JPMorgan.

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Read more: http://www.reuters.com/article/us-jpmorgan-dimon-washingtondc/jamie-dimon-ventures-beyond-wall-street-to-have-a-say-in-washington-idUSKCN1BJ23Z

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