Trump falsely touts JP Morgan CEO Jamie Dimon's endorsement, back-tracks on his claims later

As the race for the White House intensified, former US President Donald Trump falsely claimed that JP Morgan chief executive, Jamie Dimon is endorsing him for the upcoming presidential elections. The company representative on Friday said that Trump’s post that showed Dimon among influential investment bankers on Wall Street endorsing him was not accurate.

The controversial post on TruthSocial appeared to be a screenshot of a tweet with a siren emoji and text claiming Dimon had endorsed Trump. Trump re-shared the post on Friday while he was flying to Augusta Georgia for a campaign event.

The JP Morgan CEO did not endorse Trump or make any endorsements in the 2024 presidential race. A JPMorgan Chase spokesperson said that Dimon did not contribute any money to either the Trump campaign or the US Vice President Kamala Harris’s presidential campaign.

More from United States Of America

From father's advice to pastor's call: How Charlie Kirk's shooter Tyler Robinson was turned in to police Charlie Kirk: Killer still at large, motive uncertain; FBI releases photo with $100,000 reward

Trump did not take down the post

Despite the instant denial from the bank, the former president did not take down the post, which now has over 4,500 reshares and over 14,000 likes. However, Trump attempted to distance himself from the matter when confronted about it. “I don’t know anything about it,” the former president said when a reporter pointed out the post he made on social media.

Later, the business-mogul-turned politician suggested that one of his aides had posted the claim. “I don’t know – was it him or no?” And when a reporter told him a spokesperson for the bank had confirmed it was false, Trump evaded responsibility: “Well, then, somebody is using his name.”

Impact Shorts

More Shorts

As Trump weaponises tariff, Fed sees a bigger worry: Not jobs, but rising prices in America

Despite a backdown deal, Trump deploys hundreds more National Guard troops in Washington DC

While Trump has made several false claims in the past, the fake Dimon endorsement stands apart because of his significance to Trump. The former president has long admired Dimon’s success and would covet the peer recognition at a time when he has struggled with celebrity endorsements.

In July this year, the Trump campaign had hoped that Dimon might speak at the Republican National Convention but the JP Morgan CEO did not end up accepting the invitation. The hope was live since Dimon offered some compliments about the Trump administration’s economic policies during an interview with CNBC at the World Economic Summit in Davos, Switzerland.

“Take a step back, be honest. He was kind of right about Nato, kind of right on immigration,” Dimon said in January. “He grew the economy quite well. Trade tax reform worked. He was right about some of China," he added.

With inputs from agencies.