[ [link removed] ]Katie Porter for Senate
In a 2020 Congressional hearing, I asked Chase Bank CEO how his tellers
could afford to live on the low salaries his bank was paying. I used my
trusty whiteboard to break down the budget of a single mom living in
Orange County. The Chase teller was just trying to pay rent, feed one kid,
and afford after school care. She was short the money she needed for
necessities, and Jamie Dimon didn’t have answers. ⬇️
Now, this week, surrounded by the world’s wealthiest, most powerful people
in Davos, Switzerland, Jamie Dimon praised Donald Trump and his economic
policies:
“Take a step back, be honest. He grew the economy quite well. Trade tax
reform worked. He was right about some of China,” the JP Morgan Chase boss
told CNBC.
Look, when I questioned Dimon, Donald Trump was president. And at that
time, the economy wasn’t working for working people all across the
country. It still isn’t.
But when Republicans or Jamie Dimon say the economy was better under
Trump, it’s a load of BS. The tax breaks for the ultra-wealthy and the
rising inequality were nice for the people who took a private jet to ski
in Switzerland, but for the rest of us—we’re still dealing with the
consequences.
I’d love to question Jamie Dimon again—this time from the U.S. Senate.
Whether I have my whiteboard or not, I’ll always hold these guys
accountable and fight to create an economy that doesn’t just benefit CEOs.
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Katie
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