Finance

Jamie Dimon, Goldman Sachs CEO Solomon and other business leaders call for Trump to halt violence

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Pro-Trump supporters storm the U.S. Capitol following a rally with President Donald Trump on January 6, 2021 in Washington, DC.

Samuel Corum | Getty Images

Jamie Dimon, CEO of JPMorgan Chase, and other American business leaders called for an end to the violence in the US Capitol and asked President Donald Trump and others to step up.

The head of the largest US bank by asset “sharply” condemned the unrest in Washington, where thousands of the President’s supporters indicted the Capitol on Wednesday.

“This is not who we are as a people or a country,” Dimon said in a statement. “We are better than that. Our elected leaders have a responsibility to call for an end to the violence, to accept the results and, as our democracy has been doing for hundreds of years, to support the peaceful transfer of power.”

While Dimon’s statement didn’t specifically mention the president, remarks from the Business Roundtable, a group of executives he belongs to and led, urged Trump to intervene.

“The chaos in the nation’s capital is the result of unlawful efforts to undo the legitimate results of a democratic election,” the organization said. “The country deserves better. The Business Roundtable calls on the President and all relevant officials to put an end to the chaos and facilitate the peaceful transfer of power.”

Other leaders in finance and technology have spoken out. David Solomon, CEO of Goldman Sachs, said Americans “need to start investing again in democracy” and rebuild US institutions.

“For years our democracy has built a reservoir of benevolence around the world that brings important benefits to our citizens,” Solomon said in a statement. “We recently squandered that goodwill at a rapid pace, and today’s attack on the US Capitol is wreaking havoc. It is time for all Americans to come together and promote a peaceful change of power.”

Sundar Pichai, CEO of Google’s parent company Alphabet, said in a statement that “lawlessness and violence” in the Capitol are “the opposite of democracy”.

Charlie Scharf, CEO of Wells Fargo, said that “the behavior in Washington, DC today is unacceptable and completely undermines who we are as a nation.” He called for an “immediate end to this violence”.

Brian Moynihan, CEO of Bank of America said: “Today’s horrific events in our country’s capital underscore the urgent need for all Americans to unite behind one of our most cherished principles: the peaceful transfer of power, which has been without since our country was founded Interruption has occurred. “”

Citigroup CEO Michael Corbat also said he was “disgusted” by the riots but expressed hope for a peaceful solution.

“Although these scenes are very difficult to see, I have confidence in our democratic process and know that the important work of Congress will continue and that people will be held accountable for their actions,” he said in a statement. “I pray that this situation can be resolved without further bloodshed.”

Stephen Schwarzman, CEO of Blackstone Group, said: “The uprising that followed today’s statements by the President is appalling and an affront to the democratic values that we as Americans value. I am shocked and appalled at this mob’s attempt to ours Undermine Constitution. “

Larry Fink, the CEO of BlackRock, the world’s largest money manager, called the attack on the Capitol an “attack on our nation, our democracy and the will of the American people”.

“The peaceful transfer of power is the foundation of our democracy. We are who we are as a nation because of our democratic institutions and processes,” added Fink.

Trump eventually made a statement asking for order. However, it was accompanied by unsubstantiated allegations by the president about an election he claims was stolen from him. Trump’s supporters have filed around 60 fraud lawsuits, and lost all but one.

Earlier in the day, members of Congress discussed the challenges faced by individual states as the electoral certification process advanced.

“You have to go home now. We have to have peace,” tweeted Trump. “We have to respect our great people in law and order. We don’t want anyone to be hurt.”

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