JPMorgan CEO Jamie Dimon urged Democrats to be “more respectful” to supporters of Republican front-runner Donald Trump. Otherwise, it risks harming President Joe Biden's re-election.
“I wish Democrats would think a little more carefully when they talk about MAGA,” Dimon said. CNBC's “Squawk Box” On Wednesday, he referenced President Trump's campaign slogan, “Make America Great Again.”
Dimon echoed his message at the World Economic Forum's annual meeting in Davos, Switzerland, saying, “I think this negative talk about MAGA will have a negative impact on Mr. Biden's campaign.”
The 67-year-old president of the nation's largest lender said “MAGA” inaccurately links President Trump's supporters to the personality of the former commander-in-chief, according to CNBC.
Democrats are 'basically scapegoats' [Trump supporters], [saying] It means you’re just like him,” Dimon said.
“I don't think they're voting for Trump because of family values,” he added.
According to CNBC, Dimon also praised some of President Trump's policies and told progressive voters that he should “step back and be honest. He was right in some ways about NATO, and in some ways he was right about immigration.” I was right.”
“He grew the economy very well. Business tax reform worked. He was right about parts of China,” Dimon added. “He wasn't wrong on some of these important issues. That's why they voted for him.”
Asked on “Squawk Box” which candidate would be better for his business, Dimon said: We will prepare both. We deal with both. ”
“And I hope you respect others, no matter who they are,” he added.
Dimon, who describes himself as “mostly a Democrat,” has previously lamented the fact that liberals, especially those in New York City, look down on “ultra MAGA voters.”
“You're insulting a lot of people,” he said at the New York Times' Dealbook Summit in November.
“I think people [should] People have different points of view than yours so stop always denigrating each other” Dimon added.
Biden himself, in an overly political prime-time speech in 2022, said Trump and his supporters “represent the extremism that threatens the very foundations of our country” and bashed “MAGA Republicans.” ing.
“There is no question that today's Republican Party is controlled, driven and intimidated by Donald Trump and the MAGA Republican Party. And that is a threat to this country,” the 81-year-old president added in his 24-minute speech. However, the White House called it a “battle for the soul of the nation.''
Dimon previously told liberal voters at the event that Nikki Haley was the Republican candidate most likely to unseat President Trump, who won in a historic landslide in the Iowa caucuses earlier this week. He called for support.
“Even if you're a very liberal Democrat, please help Nikki Haley,” he said.
Dimon also said he would work with Trump if the 45th president returns to the Oval Office in January 2025, but when asked if he would support “something other than Trump,” he said: I hesitated.
“I say never,” Dimon said. “He might become president. I have to accept that.”
Haley, a former South Carolina governor, garnered support early in the campaign, but onlookers said she clearly won the fourth and fifth Republican debates, which Trump was absent from. However, Trump remains the outrageous favorite to win the Republican nomination.
In the Iowa caucuses, Mr. Trump had an approval rating of 51.1%, followed by Florida Governor Ron DeSantis (21.2%), Ms. Haley (19.1%), and a biotechnology company that called off its campaign and announced its support for Mr. Trump. This was followed by entrepreneur Vivek Ramaswamy (7.7%). It was revealed.
