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Zenger
Zenger
Business
Shanthi Rexaline

Bill Ackman Says ‘Huge Loss’ If This Wall Street Titan Does Not Run In 2024 Presidential Race

Founder of Pershing Square Capital Management Bill Ackman arrives at Desert Smash 2023, Produced By Brand Innovators at La Quinta Resort and Club, A Waldorf Astoria Resort on March 07, 2023, in La Quinta, California. (Michael Bezjian/Getty Images for Brand Innovators)

Pershing Square founder Bill Ackman made headlines recently for supporting a debate between Democratic Presidential primary candidate Robert F. Kennedy Jr. and vaccine scientist Dr. Peter Hotez. 

Jamie Dimon, CEO of JPMorgan Chase, arrives for the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday, September 22, 2022. (Tom Williams/CQ-Roll Call, Inc via Getty Images) 

Ackman retweeted a video clip of Kennedy appearing on the Joe Rogan podcast, hinting at his admiration for the presidential hopeful. This sparked speculation that Ackman could be endorsing Kennedy for the presidency. However, a recent tweet from Ackman suggests that he still hopes JPMorgan CEO Jamie Dimon will enter the political arena. 

Ackman expressed his disappointment, stating, “It’s a huge loss for all of us if Jamie won’t run.” 

This tweet was in response to an old video clip of Dimon speaking at The Economic Club of Washington D.C., where he raves about America’s strengths and exceptional qualities. 

Dimon in the video talks about Americans’ underappreciation of their nation’s strengths, such as peaceful neighboring countries, robust military defenses, and abundant resources. 

He praises America’s top-notch military, thriving economy, strong stock market, and prestigious universities. 

“It’s extraordinary, it’s extraordinary, and we have it today. Yes, we have problems,” Dimon says in the video. “If you travel around the world….get an airplane and travel around the world and go to all these other countries and tell me what you think.”

Ackman, in March, said it would be interesting if someone outside the political system ran for office on the Democratic side. He named Dimon as his favorite choice for the same.

Currently, Kennedy, President Joe Biden, and author Marianne Williamson are the top Democractic candidates that are running for the White House.

Joe Exotic is running for the Democratic ticket, but has not been mentioned in the news due to his prison sentence. 

Exotic and former President Donald Trump are the only candidates facing legal troubles whereas the former president has been indicted twice. The former zookeeper is contesting his murder for hire accusations.

“I’d like a globally recognized, respected, talented business builder that understands the economy, that understands geopolitics, that has relationships with business leaders globally and also has a track record for caring about broad ranges of our citizens,” Ackman said.

When Dimon told Bloomberg in late May that “I love my country and maybe one day I’ll serve my country in one capacity or another,” rumors of his interest in public office floated around.

Despite Ackman’s support, JPMorgan issued a statement in June confirming that Dimon has no plans to run for office, as he is content in his current role.

Produced in association with Benzinga

Edited by Alberto Arellano and Joseph Hammond

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