Jamie Dimon Eyes Trump-Era Deregulation as Boost for Banking, Economy

The JPMorgan Chase CEO said he expects Trump-era deregulation to unlock bank lending and spur economic growth.
Jamie Dimon Eyes Trump-Era Deregulation as Boost for Banking, Economy
JPMorgan Chase CEO Jamie Dimon speaks at The Institute of International Finance annual membership meeting at the Ronald Reagan Building in Washington on Oct. 24, 2024. Kevin Dietsch/Getty Images
Tom Ozimek
Updated:
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JPMorgan Chase CEO Jamie Dimon said Friday that U.S. bankers are thrilled by the prospect of deregulation under a second Trump administration, which he believes could revitalize America’s banking industry after years of stifling regulations that have curtailed credit activity.

Speaking at the APEC CEO Summit in Lima, Peru, on Nov. 14, Dimon criticized the regulatory environment for hindering lending, highlighting stringent capital requirements introduced after the financial crisis of 2008–09 that have forced banks to reduce their loan-to-deposit ratios.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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