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        <title><![CDATA[Jamie Dimon takes jab at Trump&#8217;s refusal to concede the election]]></title>
        <atom:link href="https://usagag.com/2020/11/18/jamie-dimon-takes-jab-at-trump-8217-s-refusal-to-concede-the-election/" rel="self" type="application/rss+xml" />
        <link>https://usagag.com/2020/11/18/jamie-dimon-takes-jab-at-trump-8217-s-refusal-to-concede-the-election/</link>
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            <media:title type="html">Jamie Dimon takes jab at Trump&#8217;s refusal to concede the election</media:title>
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						<p>Jamie Dimon took shots at the outgoing Trump administration, even as he made it clear he won’t be joining the Biden White House.</p>
<p>In a Wednesday interview, the JPMorgan Chase chief took thinly veiled jabs at President Trump <strong>for refusing to concede the election</strong>, even as he lashed out at lawmakers over stalled stimulus talks and warned that the coronavirus pandemic is far from over.</p>
<p>“There will be a new president sworn in on January 20,” Dimon said. &#8220;We need a peaceful transition. We had an election and we have a new president. You should support that whether you like it or not because it’s based on a system of faith and trust.&#8221;</p>
<p>But Dimon’s frustration with Washington reaches both sides of the aisle. The 64-year-old billionaire was <strong>cautiously optimistic about recent breakthroughs on a COVID-19 vaccine</strong> but hammered home on the point that the crisis is far from over and that &#8220;we need fiscal stimulus.”</p>
<p>Dimon’s bank funded $29 billion in Paycheck Protection Program loans through the $2 trillion CARES Act expired in July. On Wednesday, he appeared irked that Congress remains deadlocked on passing a second relief bill despite the deadly virus becoming more widespread than ever.</p>
<p>“Now we have this big debate “Is it $2.2 trillion, $1.5 trillion?” You gotta be kidding me!” Dimon exclaimed. “I mean just split the baby and move on! This is childish behavior on the part of our politicians.”</p>
<p>He went on to say that a second round will have to act as a bridge to the middle of 2021 when vaccines will be realistically distributed to the majority of Americans.</p>
<p>Elsewhere, Dimon denied <strong>recent speculation</strong> that he might leave JPMorgan to lead the US Treasury Department under Joe Biden.</p>
<p>&#8220;I love what I do, and I have never coveted the job, ever,” Dimon responded when asked if he was interested in being Biden’s Treasury Secretary. “I love my country so I will help anyone who has that job.&#8221;</p>
			
					
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