- JPMorgan CEO Jamie Dimon congratulated Donald Trump on winning the White House.
- In a memo to staff, Dimon and other top JPM executives called for “bringing our nation together.”
- Dimon, who did not endorse a candidate, has become increasingly vocal about threats to democracy.
Leaders from across Wall Street are addressing Donald Trump’s decisive victory over Vice President Kamala Harris to become the 47th president of the United States. On Wednesday, JPMorgan CEO Jamie Dimon weighed in to say the time has come to band together as a nation.
In a memo to staff, members of the bank’s operating committee, including Dimon, congratulated Trump before recalling Dimon’s comments from Election Day about national unity.
“As Jamie said yesterday, we must now ‘begin the work of bringing our nation together and focusing on the pressing economic and global issues before us,'” the memo said.
The memo, signed by Dimon and other members of the operating committee, also congratulated successful down-ballot candidates and welcomed the prospect of working with the incoming administration.
“Our firm has a long history of working across the political spectrum and looks forward to engaging the new administration and elected officials in both parties,” it said.
Although Dimon has avoided endorsing a candidate, he has become increasingly vocal about world affairs.
“We have to make sure that we are involved in doing the right things to get it resolved properly for the sake of the free democratic Western world for the next 100 years,” he said at a recent financial-services gathering in Washington, DC, speaking about the global order established by Western powers after World War II.
His name is often floated as a potential contender for a White House cabinet position. He recently sought to quash speculation that he could join the next presidential administration, however.
“I think the chance of that is almost nil, and probably I’m not going to do it,” he told a Wells Fargo stock analyst in an October earnings call. “I tend to be doing what I’m doing — I almost guarantee I’ll be doing this — for a long period of time, or at least until the board kicks me out,” he added.
Judith Kent, who has been married to Dimon for more than four decades, spent part of the weekend canvassing for Harris in the battleground state of Michigan.
“I’m proud to be a supporter and to spend time talking with voters and encouraging them to turn out to vote for the Harris-Walz ticket,” Kent said in a statement to the Wall Street Journal.
Earlier on Wednesday, Goldman Sachs CEO David Solomon also congratulated Trump on his victory — vowing to work with him to advance policies beneficial to clients and the economy.
Read the full contents of the Wednesday memo from JPMorgan’s Operating Committee about Trump’s victory below.
Dear colleagues,
Voters have elected Donald Trump to be the 47th President of the United States and we congratulate him, Vice President-elect JD Vance and the incoming administration. We also congratulate representatives across the country who have been elected to serve in Congress and in state and local offices. As Jamie said yesterday, we must now “begin the work of bringing our nation together and focusing on the pressing economic and global issues before us.” Our firm has a long history of working across the political spectrum and looks forward to engaging the new administration and elected officials in both parties.
JPMorganChase strives to be a place where people from different backgrounds and beliefs can come together with a common sense of purpose and mission. We are hopeful for the future and the role we will play tackling some of the most pressing challenges facing Americans and our country, together.
Jamie Dimon, Chairman and CEO
Ashley Bacon, Chief Risk Officer
Jeremy Barnum, Chief Financial Officer
Lori Beer, Global Chief Information Officer
Tim Berry, Global head of Corporate Responsibility; Chairman of the Mid-Atlantic Region
Mary Erdoes, CEO, Asset & Wealth Management
Stacey Friedman, General Counsel
Teresa Heitsenrether, Chief Data & Analytics Officer
Marianne Lake, CEO, Consumer & Community Banking
Robin Leopold, Head of Human Resources
Doug Petno, Co-head of Global Banking
Jenn Piepszak, Co-CEO, Commercial & Investment Bank
Daniel Pinto, President and COO, JPMorgan Chase
Troy Rohrbaugh, Co-CEO, Commercial & Investment Bank
Sanoke Viswanathan, CEO, International Consumer and Wealth
Are you a Wall Street insider? How is your firm or workplace responding to Donald Trump’s presidential victory? Get in touch with this reporter. Reed Alexander can be reached via email at ralexander@businessinsider.com, or SMS/the encrypted app Signal at (562) 247-5758.
