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JPMorgan (JPM) CEO Jamie Dimon is reportedly considering a role in the Harris administration, according to a New York Times report. Puck News Founding Partner Bill Cohan joins Yahoo Finance to discuss this possibility.
"I think the important thing to remember here is that probably 80% of the rank and file on Wall Street are Democrats, are progressives, and probably do support Kamala Harris. The people at the top tend to be more Republican and for whatever reason seem to be supporting Donald Trump," Bill Cohan tells Yahoo Finance on Catalysts. He adds, "Jamie Dimon has sort of played it down the middle," noting the CEO's balanced approach to both campaigns throughout the election period.
Regarding Dimon's potential influence on voters' support for Harris, Cohan expresses skepticism: "I wish Jamie Dimon could sway undecided voters at this point to back Kamala Harris. I just don't believe there's any undecided voters anymore. I don't even know what an undecided voter would look like at this point, let alone one on Wall Street. I don't know that anybody can sway anybody at this point," adding that both sides have seen significant "fascinating endorsements."
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This post was written by Angel Smith