Jamie Dimon Has A Special Message For Critics Of Bank Lobbyists

Jamie Dimon

Photo: Lisa Du, Business Insider

JPMorgan Chase’s outspoken chief executive Jamie Dimon has just released his annual letter to shareholders and he has an interesting response to critics of banks lobbying regulators.  Dimon writes

You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. We don’t look at it that way. We view it as our responsibility to stay actively engaged in policy debates that will affect our company, our communities and the global economy.

Not only is petitioning the government a constitutional right, we have a responsibility as part of our firm’s mission to be actively engaged in the political process in the communities and countries where we operate.

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