With the Republican nomination unavailable and the leftward lean of the Democratic party making the election of a Wall Street tycoon unlikely, Dimon begrudgingly decided against running, sources said.
Whenever the inevitable question arose at events both public and private, Jamie Dimon would pause and smile before ruling out a presidential run.
As last year drew to a close, however, Dimon concluded that he wouldn't run. With the Republican nomination unavailable and the leftward lean of the Democratic party making the election of a Wall Street tycoon unlikely, Dimon begrudgingly decided that he would continue to serve his country from his current positions.
"I'm as tough as he is, I'm smarter than he is," Dimon said at the time."He could punch me all he wants, it wouldn't work with me. I'd fight right back." So Dimon, who identifies as a"proud American" and"complete patriot," is focusing on influencing policy where he can. As head of the biggest U.S. bank by assets and chairman of the Business Roundtable, he's announced several big efforts to tackle urban decay and improve the job prospects for minorities and ex-convicts.
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