JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, April 9, 2019.
Jeenah Moon | Reuters
JPMorgan Chase CEO Jamie Dimon criticized lawmakers for a months-long 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. “I mean just split the baby and move on. This is childish behavior on the part of our politicians.”
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 new records across the country, top leaders from both parties haven’t met since the Nov. 3 presidential election.
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