James Dimon, Jamie Dimon, is the chairman, president and chief executive of JPMorgan Chase
Image by DonkeyHotey
JPMorgan Chase & Co says it will restart making political contributions to lawmakers except to congressional Republicans who objected to the certification of President Joe Biden’s victory in the 2020 election, reads a memo obtained by Reuters.
Following a review, the country’s largest lender will this month resume giving through its Political Action Committee (PAC) but will continue its freeze on donations to a “handful” of the 147 lawmakers whom it had previously supported, the bank said. The pause will last through the 2021-2022 election cycle, which includes November’s midterm elections, after which JPMorgan will review whether to resume contributions to the lawmakers concerned on an individual basis, it said.
“This was a unique and historic moment when we believe the country