‘If you do it badly…’: JPMorgan CEO confronts Mamdani during closed-door meeting
JPMorgan Chase CEO Jamie Dimon has opened up about his recent private meeting with New York City mayor Zohran Mamdani, saying he warned the socialist about the risks of poor governance and ideology-driven policymaking.Speaking to Fox Business Network host Maria Bartiromo on Friday, Dimon described the closed-door meeting as “pleasant” but made clear that he did not hold back during the conversation.“He was very polite. It was very earnest. We had a very good conversation, but I said everything I wanted to say,” Dimon said.The banker said he used the discussion to speak about key issues affecting New Yorkers, including affordable housing and childcare. However, he said that badly designed policies could create bigger problems instead of solving them.“I got to talk about affordable housing and child care. Most people want it. If you do it badly, it would be a disaster … Do it right. There are studies that can tell you how to do it right. Get people who know what they’re doing and impleme..
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