Published

Jamie Dimon says bankers are 'dancing in the street' after Donald Trump's election win

  • Jamie Dimon, CEO of JPMorgan Chase, stated that bankers are "dancing in the street" over President-elect Donald Trump's victory as they expect regulatory loosening.
  • Dimon expressed that regulations have, for years, "stymied credit," and he values any government that aims for efficiency.
  • Analyst Mike Mayo noted Trump's leadership is anticipated to bring "less harsh oversight" for banks, signaling a regulatory change.
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