CEO Lobby Group Quadrupled Year-End Spending on Tax Push

  • Business Roundtable, under Dimon, seeks to bolster its role
  • Group spent more than $17 million in the fourth quarter

JPMorgan's Lebovitz Sees Tax Overhaul Boosting Bottom Lines

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The Business Roundtable, a lobbying group for American chief executives that’s seeking to bolster its clout in Washington, quadrupled spending in the last three months of the year compared to the same period a year earlier as it threw its support behind President Donald Trump’s tax bill.

Under the leadership of JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon, who became the roundtable’s chairman a year ago, the group sought to heighten its influence in key policy areas, pushing for tax reform, regulatory rollback and infrastructure development.