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  • The Atlantic

    Why Wall Street Won’t Stop Trump

    American business elites would prefer a strong economy without a resurgent labor movement, which is exactly what Trump is offering.
    by Adam Serwer Feb 02, 2024 3 minutes
    Source: Illustration by The Atlantic. Source: deberarr / Scott Olson / Ting Shen.

    Wall Street is making its peace with the idea of a second Trump administration. Speaking at the World Economic Forum in Switzerland in January, Jamie Dimon, the chair and CEO of JPMorgan Chase, spoke warmly of the former president who tried to overthrow American democracy after losing an election.

    “Take a step back, be honest. He was kind of right about NATO, kind of right on immigration. He grew the economy quite well,” Dimon, an occasional Democratic donor,

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