United States: Wall Street maneuvers to avoid a Trump-Biden duel in 2024

In Search of a Providential Man: Faced with the declared Joe Biden-Donald Trump duel for the 2024 presidential election, part of America is looking for an escape. Almost 55% of Americans do not agree with Joe Biden’s actions and do not want Donald Trump, according to the reference site. Five fourteen. Wall Street billionaires also strongly disavow the ex-president, 76, after a failed coup on January 6, 2021, in an attack on the Capitol. But they also don’t want Joe Biden, 80, to be accused of being too old and hostile to big groups.

So, eighteen months before the end of the term, the big bosses dream of finding their gloves. THE The Wall Street Journal Tuesday, May 30, tells how wealthy financiers gathered in New York over the weekend for the “Carnivore Ball,” a reception celebrating meat in all its forms at the invitation of David Cote, the former CEO of Honeywell. In conversations, the leitmotif: “Everyone hopes for a miracle. Nobody wants Biden, nobody wants Trump. » Jamie Dimon’s name came up over the weekend. At 67, the JPMorgan chief executive in 2018 insisted he could defeat Trump but told shareholders he intended to stay on.

However, Mr. Dimon let loose a trial balloon on Wednesday, May 31, in an interview with Bloomberg Television from Shanghai, where he was visiting. Of course, he explained once again that there was no question of leaving his job. “I love what I do”He said, adding that JPMorgan, the world’s largest bank, does “Great job helping Americans, countries around the world. “. However, Mr. Dimon did not go unnoticed by a small sentence: “I love my country and maybe one day I can serve it in a different way.” »

“Biden’s weakness paves the way for an outsider”

Some people want to believe it, for example financier Bill Ackman, 57 years old, founder of Pershing Capital and with 3.5 billion dollars (about 3.25 billion euros). “We need an exemplary leader in business and finance. Jamie Dimon is that leader. And he’s clearly thinking about the competition.”, Ackman wrote on Twitter on Wednesday (May 31). The financier published an extensive tweet criticizing Joe Biden. “The president is extremely weak and in cognitive decline; 70% of Democrats do not want his candidacy. Biden’s weakness paves the way for a qualified outsider to run as a Democrat. James can beat Biden in the primaries and Donald Trump in the general election…he will easily raise billions of dollars from Democrats and Republicans. »