Jamie Dimon said his daughter wrote him a “long, elegant and mean letter” after joining Trump’s works council. He referred to MLK to explain why he did it.

• JPM CEO’s daughter Jamie Dimon asked ‘how could you, daddy? After joining Trump’s business board.

• Dimon explained by saying that Martin Luther King would have gone “to fight for his people”.

• The business council was dissolved following Trump’s remarks on a violent far-right rally in Charlottesville.

• See more stories on the Insider business page.

After JPMorgan Chase CEO Jaime Dimon joined one of the Trump administration’s business boards, his daughter sent him a letter that included the line “How could you, Daddy?”

The CEO and chairman told “Axios on HBO” in an interview that he responded by saying that Martin Luther King would have continued to attend meetings with Donald Trump to fight.

“You know I love my daughters, but after I got on Trump’s works council, one of them wrote me a long, elegant, nasty letter that you know on ‘Comment as- could you, dad? “”, did he declare. “And I answered him by telling him that you understood everything except the conclusion, but Martin Luther King would go to President Trump every time to fight, to fight for his people.”

Jamie Dimon joined the Trump Administration’s Policy and Policy Forum in 2016, where he and other high-profile CEOs, including Disney and General Motors executives, advised Trump on economic issues, including growth employment and productivity.

In 2016, he publicly justified his decision by saying he wanted to help make the country better by serving on Trump’s advisory board.

“I am a patriot – I want to help my country and help it develop,” Dimon said at a Goldman Sachs financial services conference. “I want to help low-paid people more than I want to help you.”

The CEO said his heart is Democrat and his brain is Republican, and said that, unlike Trump, his personal fortune is not “a daddy’s gift.”

The panel then disbanded in 2017 following Trump’s widely criticized remarks about violence at the far-right rally in Charlottesville in August 2017.

The story continues

“I strongly disagree with President Trump’s reaction to the events that have unfolded in Charlottesville over the past few days,” Dimon said in a 2017 memo to JP Morgan Chase staff. “Racism, intolerance and violence are always bad.”

Dimon made the remarks about his daughter’s letter in response to a question about how he chooses which issues to comment on publicly.

He told Axios CEO Jim VandeHei that he chooses to comment on some issues and remain silent on others, and has spoken publicly on issues such as racial equity and human rights.

“We believe in human rights. We believe in free enterprise. We believe in the capitalist system. I did not specifically talk about this or put pressure on the Chinese government to change.

“The government has to do it,” he said. “I could do whatever I want … I won’t do what I want without my board when it’s something like that, but we believe in human rights, we don’t believe in genocide or something like that. But for me to enjoy giving public statements for free, I think that’s a mistake. “

A spokesperson for Dimon declined to comment.

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