Finance

Dimon Pushes for Private-Sector Representation in Next Cabinet

  • Banker says US coping with challenging, complicated issues
  • In opinion piece, he urges next president to unite Americans
Jamie DimonPhotographer: Victor J. Blue/Bloomberg
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the next US president must work to bring together a “deeply divided” nation as domestic and geopolitical issues mount, and said the business world should have representation in the Cabinet.

“The private sector has huge wells of expertise and produces 85% of our nation’s jobs,” Dimon said in an opinion pieceBloomberg Terminal published Friday in the Washington Post. “It should have a seat at the table. Yet in recent years, government leaders have often failed to engage those in industry. A president should put the most talented people, including those from business and the opposite party, into their Cabinet.”