Jamie Dimon lashes out at ‘childish behavior’ from Congress amid deadlock over coronavirus relief
Published Wed, Nov 18 202010:35 AM ESTUpdated Wed, Nov 18 20201:48 PM EST
thumbnail
Hugh Son
@hugh_son
JPMorgan Chase CEO Jamie Dimon criticized lawmakers for a monthslong deadlock over a second round of coronavirus relief to help unemployed Americans and struggling businesses as the pandemic deepens.
“I know now we have this big debate. Is it $2.2 trillion, $1.5 trillion?” Dimon said Wednesday, referring to competing visions for a relief bill from Democrats and Republicans, at The New York Times’ DealBook conference.
“You gotta be kidding me,” Dimon told Andrew Ross Sorkin, who is a co-anchor of CNBC’s “Squawk Box.” “I mean just split the baby and move on. This is childish behavior on the part of our politicians.” Sorkin is also a financial columnist for the Times and the editor-at-large of DealBook.
Congress has so far failed to pass a second relief bill after key parts of the first law, the CARES Act, expired in July. While financial pain for the unemployed and small businesses is set to grow as Covid-19 infections surge to records across the country, top leaders from both parties haven’t met since the Nov. 3 presidential election.
https://www.cnbc.com/2020/11/18/jamie-dimon-lashes-out-at-childish-behavior-from-congress-amid-deadlock-over-coronavirus-relief.html