JPMorgan's Jamie Dimon lays out what next US president 'must' do

The CEO of the nation's largest bank weighs in on what America needs from its next leader

Jamie Dimon has not endorsed a candidate for the 2024 U.S. presidential election, but he has some advice for whoever wins.

In an op-ed published Friday in The Washington Post, the chairman and CEO of JPMorgan Chase said the next leader of the free world "must restore our faith in America," and offered his vision for how they could do so.

chairman and CEO of JPMorgan Chase Jamie Dimon

JPMorgan Chase's Jamie Dimon penned an op-ed on Friday spelling out what America needs in its next president. (Jeenah Moon/Bloomberg via Getty Images / Getty Images)

Dimon, who has run the nation's largest bank since 2006, emphasized the need for the next leader to unite the nation instead of pandering to extremes.

The JPMorgan chief exec called on the next president to engage in open and honest communication; laid out ways they could set "smarter" policies; and suggested the next administration be made up of a team of "rivals" that include the opposite party and those in the private sector to better reflect the broader nation rather than tribal politics.

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He also implored the candidates to work for the support of all voters.

Jamie Dimon JPMorgan Chase

Jamie Dimon, CEO of JPMorgan Chase & Co., speaks at the UK Global Investment Summit at Hampton Court Palace in London on Nov. 27, 2023. (Chris Ratcliffe/Bloomberg via Getty Images / Getty Images)

"Do not insult, stereotype, weaponize, scapegoat or gaslight," Dimon wrote. "And do not attack them. Engage them. This takes bravery."

Dimon is among a group of financial CEOs whose names have been floated for senior economic roles in government, including Treasury secretary.

Former President Trump told Bloomberg in late June he would consider Dimon for Treasury secretary if he won the Nov. 5 election.

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Separately, Vice President Kamala Harris had lunch with Dimon at the White House in March, according to a source familiar with the situation who declined to be identified discussing the private meeting with Reuters.

Dimon's op-ed comes after the Republican National Convention in mid-July and before the Democratic National Convention later this month.

JPMorgan Chase headquarters in New York City.

The main entrance at JPMorgan Chase headquarters in New York City. (Erik McGregor/LightRocket via Getty Images / Getty Images)

Ticker Security Last Change Change %
JPM JPMORGAN CHASE & CO. 217.63 -1.70 -0.78%

JPMorgan Chase & Co.

While his future plans have long been the subject of speculation, the focus on Dimon's next steps has intensified this year after JPMorgan's board identified potential successors, paving the way for an eventual leadership transition.

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Dimon is one of the most prominent voices on Wall Street, but his influence extends well beyond business and the economy. The CEO often weighs in on policy issues such as American leadership, job training and energy security.

Reuters contributed to this report.