JPMorgan Chase's Jamie Dimon lashes out at Washington over gridlock – New York News

NEW YORK – Jamie Dimon, the chief executive of the nation’s largest bank, vented his irritation with politicians and the news media on Friday, arguing that the nation is spending too much time bickering instead of solving real issues.


His comments came during calls with reporters and Wall Street analysts to discuss JPMorgan Chase & Co.’s latest results — earnings of more than $7 billion in the last 90 days, a record for the nation’s largest bank.

Dimon has a reputation for speaking with little to no filter, and his position means people tend to listen. His remarks are not out of tune with previous comments under both President Barack Obama and President Donald Trump, when he’s argued that U.S. government policymakers spend too much time arguing rather than improving the economy.

But Dimon’s comments were more direct and blunt this time.

The U.S. economy has been expanding at less than 2 percent a year since the Great Recession, which is below the typical growth after an economic downturn. Dimon said that U.S. economy growth would be higher if Washington gridlock would ease.

“It’s almost an embarrassment being an American citizen traveling around the world … listening to the…

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