Jamie Dimon ventures beyond Wall Street to have a say in WashingtonWASHINGTON/NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon is starting to look like Corporate America’s shadow president. The 61-year-old banker has made more than a dozen trips to Washington so far this year to press a broad agenda with a range of influential policymakers, people who attended the meetings or are familiar with his schedule said. Dimon has already visited the nation’s capital four times as much as he does in a typical year. His ramped-up presence comes after taking the helm of the Business Roundtable, a lobbying group that represents CEOs of large U.S. companies, in December. “We couldn’t ask for a more engaged or more effective Business Roundtable chair,” said Joshua Bolten, former chief of staff for President George W. Bush, whom Dimon installed as the organization’s president and CEO. The frequency of his trips, and the wide range of policies he has been discussing, have started chatter among power brokers in Washington and on Wall Street about how much energy Dimon is devoting to issues beyond JPMorgan. At times, they said, Dimon carries himself more like someone running the country than someone running a bank. “If you’re Jamie Dimon, you’ve always had access,” said Tim Pawlenty, CEO of the Financial Services Roundtable, a Wall Street trade group. “The difference is, now he wants it. He wants to play a role in policy more broadly than just representing his company.” Dimon has said in the past that the only big job he would want would be U.S. president, but also said running for office would be impractical. Associates told Reuters he has abandoned the idea entirely, and only became more active in Washington because he was worried about his bank, the economy and the future of the country. A JPMorgan spokesman declined to comment or make Dimon available for an interview. Reuters spoke to over a dozen people who have interacted with Dimon in Washington or were briefed on his meetings. Most spoke on the condition of anonymity because they were not authorized to publicly discuss his activities. Those who have met Dimon recently include Republican Senate Majority Leader Mitch McConnell, Democratic Senators Sherrod Brown and Mark Warner, Rep. Patrick McHenry, who is a member of House Republican leadership, National Economic Council Director Gary Cohn and Federal Reserve Chair Janet Yellen. He was around so much during the summer that Washington regulars said it was no longer surprising to see Dimon pop out of the Capitol Hill subway system or leave a lawmaker’s office. He has joked with staff about getting a condominium in Washington because of how often he travels there, one person said. Although Dimon’s meetings typically center on topics like tax reform or financial rules, he is not shy about weighing in on issues ranging from immigration to education and criminal justice reform, those familiar with the discussions said. In meetings, he has been using an app he asked Business Roundtable staff to build. It allows member CEOs to show how many voters in a district work for their companies, and how many facilities the companies have there, to persuade lawmakers that their priorities are aligned. During his interactions with lawmakers, Dimon can be brash and expresses annoyance with Congress’s inability to advance legislation, people who attended the meetings said. Sometimes he would show his lighter side. One day in July, Dimon spotted his Democratic Senator Richard Durbin, an old foe who championed a rule that slashed debit card fees and which Dimon has called “downright idiotic.” Durbin was withdrawing money from a non-Chase ATM when Dimon approached from behind and quipped: “We welcome competition.” A Durbin representative confirmed the interaction, first described by a Politico reporter in a tweet, took place but declined to elaborate. Those who have followed Dimon through his career are not surprised that the straight-talking New York banker has become even more outspoken during Donald Trump’s presidency. Associates say he has been shocked by some of Trump’s actions, such as abandoning the Paris climate accord, threats to tear up free trade deals, a call for a ban of transgender people from the military and ending a program that protects people who were brought into the United States illegally as children from deportation. Dimon is not the only corporate boss venturing outside his usual terrain. Goldman Sachs Group Inc (GS.N) CEO Lloyd Blankfein has criticized Trump in tweets, while others including Apple Inc CEO (AAPL.O) Tim Cook and Merck & Co (MRK.N) CEO Ken Frazier have condemned the president’s actions in public statements. But Dimon, who often refers to himself as a “patriot,” differs in tone and demeanor, sources said. The table of contents for his April letter to shareholders includes categories such as “The United States of America is truly an exceptional country,” and devoted more space to public policy prescriptions than in prior years. After Trump said “both sides” were to blame for the violence between white supremacists and left-wing protesters in Virginia, Dimon offered unsolicited advice on how a president should carry himself. “It is a leader’s role, in business or government, to bring people together, not tear them apart,” he wrote in an employee memo. (The story changes headline to clarify Dimon is not leaving his bank) politicsNews
jamie demon ventures beyond wall street say york reuters morgan chase co chief executive jamie demon starting look like corporate america shadow president the banker made dozen trips washington far year press broad agenda range influential policymakers people attended meetings familiar schedule said demon already visited nation capital four times much typical year his presence comes taking helm business roundtable lobbying group represents ceo large companies december we ask engaged effective business roundtable chair said joshua molten former chief staff president george bush demon installed organization president ceo the frequency trips wide range policies discussing started chatter among power brokers washington wall street much energy demon devoting issues beyond morgan at times said demon carries like someone running country someone running bank if jamie demon always access said tim plenty ceo financial services roundtable wall street trade group the difference wants he wants play role policy broadly representing demon said past big job would want would president also said running office would impractical associates told reuters abandoned idea entirely became active washington worried bank economy future country a morgan spokesman declined comment make demon available interview reuters spoke dozen people interacted demon washington briefed meetings most spoke condition anonymity authorized publicly discuss activities those met demon recently include republican senate majority leader mitch mcconnell democratic senators sherdog brown mark warner patrick henry member house republican leadership national economic council director gary con federal reserve chair janet ellen he around much summer washington regulars said longer surprising see demon pop capitol hill subway system leave lawmaker office he joked staff getting condominium washington often travels one person said although demon meetings typically center topics like tax reform financial rules shy weighing issues ranging immigration education criminal justice reform familiar discussions said in meetings using app asked business roundtable staff build it allows member ceo show many voters district work companies many facilities companies persuade lawmakers priorities aligned during interactions lawmakers demon brash expresses annoyance congress inability advance legislation people attended meetings said sometimes would show lighter side one day july demon spotted democratic senator richard during old foe championed rule slashed debit card fees demon called downright during withdrawing money atm demon approached behind equipped we welcome a during representative confirmed interaction first described politico reporter tweet took place declined elaborate those followed demon career surprised new york banker become even outspoken donald trump presidency associates say shocked trump actions abandoning paris climate accord threats tear free trade deals call ban transgender people military ending program protects people brought united states illegally children deportation demon corporate boss venturing outside usual terrain goldman sachs group inc ceo lloyd blankfein criticized trump tweets others including apple inc ceo tim cook mercy co ceo ken fraser condemned president actions public statements but demon often refers patriot differs tone demeanor sources said the table contents april letter shareholders includes categories the united states america truly exceptional country devoted space public policy prescriptions prior years after trump said sides blame violence white supremacists protesters virginia demon offered unsolicited advice president carry it leader role business government bring people together tear apart wrote employee memo the story changes headline clarify demon leaving bank politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Jamie Dimon ventures beyond Wall Street to have a say in WashingtonWASHINGTON/NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon is starting to look like Corporate America’s shadow president. The 61-year-old banker has made more than a dozen trips to Washington so far this year to press a broad agenda with a range of influential policymakers, people who attended the meetings or are familiar with his schedule said. Dimon has already visited the nation’s capital four times as much as he does in a typical year. His ramped-up presence comes after taking the helm of the Business Roundtable, a lobbying group that represents CEOs of large U.S. companies, in December. “We couldn’t ask for a more engaged or more effective Business Roundtable chair,” said Joshua Bolten, former chief of staff for President George W. Bush, whom Dimon installed as the organization’s president and CEO. The frequency of his trips, and the wide range of policies he has been discussing, have started chatter among power brokers in Washington and on Wall Street about how much energy Dimon is devoting to issues beyond JPMorgan. At times, they said, Dimon carries himself more like someone running the country than someone running a bank. “If you’re Jamie Dimon, you’ve always had access,” said Tim Pawlenty, CEO of the Financial Services Roundtable, a Wall Street trade group. “The difference is, now he wants it. He wants to play a role in policy more broadly than just representing his company.” Dimon has said in the past that the only big job he would want would be U.S. president, but also said running for office would be impractical. Associates told Reuters he has abandoned the idea entirely, and only became more active in Washington because he was worried about his bank, the economy and the future of the country. A JPMorgan spokesman declined to comment or make Dimon available for an interview. Reuters spoke to over a dozen people who have interacted with Dimon in Washington or were briefed on his meetings. Most spoke on the condition of anonymity because they were not authorized to publicly discuss his activities. Those who have met Dimon recently include Republican Senate Majority Leader Mitch McConnell, Democratic Senators Sherrod Brown and Mark Warner, Rep. Patrick McHenry, who is a member of House Republican leadership, National Economic Council Director Gary Cohn and Federal Reserve Chair Janet Yellen. He was around so much during the summer that Washington regulars said it was no longer surprising to see Dimon pop out of the Capitol Hill subway system or leave a lawmaker’s office. He has joked with staff about getting a condominium in Washington because of how often he travels there, one person said. Although Dimon’s meetings typically center on topics like tax reform or financial rules, he is not shy about weighing in on issues ranging from immigration to education and criminal justice reform, those familiar with the discussions said. In meetings, he has been using an app he asked Business Roundtable staff to build. It allows member CEOs to show how many voters in a district work for their companies, and how many facilities the companies have there, to persuade lawmakers that their priorities are aligned. During his interactions with lawmakers, Dimon can be brash and expresses annoyance with Congress’s inability to advance legislation, people who attended the meetings said. Sometimes he would show his lighter side. One day in July, Dimon spotted his Democratic Senator Richard Durbin, an old foe who championed a rule that slashed debit card fees and which Dimon has called “downright idiotic.” Durbin was withdrawing money from a non-Chase ATM when Dimon approached from behind and quipped: “We welcome competition.” A Durbin representative confirmed the interaction, first described by a Politico reporter in a tweet, took place but declined to elaborate. Those who have followed Dimon through his career are not surprised that the straight-talking New York banker has become even more outspoken during Donald Trump’s presidency. Associates say he has been shocked by some of Trump’s actions, such as abandoning the Paris climate accord, threats to tear up free trade deals, a call for a ban of transgender people from the military and ending a program that protects people who were brought into the United States illegally as children from deportation. Dimon is not the only corporate boss venturing outside his usual terrain. Goldman Sachs Group Inc (GS.N) CEO Lloyd Blankfein has criticized Trump in tweets, while others including Apple Inc CEO (AAPL.O) Tim Cook and Merck & Co (MRK.N) CEO Ken Frazier have condemned the president’s actions in public statements. But Dimon, who often refers to himself as a “patriot,” differs in tone and demeanor, sources said. The table of contents for his April letter to shareholders includes categories such as “The United States of America is truly an exceptional country,” and devoted more space to public policy prescriptions than in prior years. After Trump said “both sides” were to blame for the violence between white supremacists and left-wing protesters in Virginia, Dimon offered unsolicited advice on how a president should carry himself. “It is a leader’s role, in business or government, to bring people together, not tear them apart,” he wrote in an employee memo. (The story changes headline to clarify Dimon is not leaving his bank) politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: jamie demon ventures beyond wall street say york reuters morgan chase co chief executive jamie demon starting look like corporate america shadow president the banker made dozen trips washington far year press broad agenda range influential policymakers people attended meetings familiar schedule said demon already visited nation capital four times much typical year his presence comes taking helm business roundtable lobbying group represents ceo large companies december we ask engaged effective business roundtable chair said joshua molten former chief staff president george bush demon installed organization president ceo the frequency trips wide range policies discussing started chatter among power brokers washington wall street much energy demon devoting issues beyond morgan at times said demon carries like someone running country someone running bank if jamie demon always access said tim plenty ceo financial services roundtable wall street trade group the difference wants he wants play role policy broadly representing demon said past big job would want would president also said running office would impractical associates told reuters abandoned idea entirely became active washington worried bank economy future country a morgan spokesman declined comment make demon available interview reuters spoke dozen people interacted demon washington briefed meetings most spoke condition anonymity authorized publicly discuss activities those met demon recently include republican senate majority leader mitch mcconnell democratic senators sherdog brown mark warner patrick henry member house republican leadership national economic council director gary con federal reserve chair janet ellen he around much summer washington regulars said longer surprising see demon pop capitol hill subway system leave lawmaker office he joked staff getting condominium washington often travels one person said although demon meetings typically center topics like tax reform financial rules shy weighing issues ranging immigration education criminal justice reform familiar discussions said in meetings using app asked business roundtable staff build it allows member ceo show many voters district work companies many facilities companies persuade lawmakers priorities aligned during interactions lawmakers demon brash expresses annoyance congress inability advance legislation people attended meetings said sometimes would show lighter side one day july demon spotted democratic senator richard during old foe championed rule slashed debit card fees demon called downright during withdrawing money atm demon approached behind equipped we welcome a during representative confirmed interaction first described politico reporter tweet took place declined elaborate those followed demon career surprised new york banker become even outspoken donald trump presidency associates say shocked trump actions abandoning paris climate accord threats tear free trade deals call ban transgender people military ending program protects people brought united states illegally children deportation demon corporate boss venturing outside usual terrain goldman sachs group inc ceo lloyd blankfein criticized trump tweets others including apple inc ceo tim cook mercy co ceo ken fraser condemned president actions public statements but demon often refers patriot differs tone demeanor sources said the table contents april letter shareholders includes categories the united states america truly exceptional country devoted space public policy prescriptions prior years after trump said sides blame violence white supremacists protesters virginia demon offered unsolicited advice president carry it leader role business government bring people together tear apart wrote employee memo the story changes headline clarify demon leaving bank politicsnews