JPMorgan (JPM) CEO Jamie Dimon is reportedly considering a role in the Harris administration, according to a New York Times report.
"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," Puck News Founding Partner 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."
#youtube #news #stockmarket
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
