Sacks @ 00:23:35Right
politics
In the 2024 U.S. presidential election cycle, neither the Democratic Party nor the Republican Party will nominate the sitting CEO of a major U.S. bank (such as JPMorgan Chase CEO Jamie Dimon) as their presidential candidate.
both parties have such a strong populist wing in them right now that I think you can never get the head of the number one bank in the US to be their candidate.View on YouTube
Explanation
In the 2024 U.S. presidential election, the Republican Party officially nominated former President Donald Trump, a real-estate developer and media figure, not a bank CEO. (en.wikipedia.org) The Democratic Party ultimately nominated Vice President Kamala Harris, a career prosecutor and elected official, also not a bank CEO. (en.wikipedia.org) Meanwhile, Jamie Dimon remained CEO of JPMorgan Chase and repeatedly stated he had no plans to run for office, later explaining he chose not to run for president. (cnbc.com) Since neither major party nominated the sitting CEO of a major U.S. bank, Sacks’s prediction that you would “never get the head of the number one bank in the US to be their candidate” was borne out by events.