CEO Jamie Dimon does not intend to run for office, the company said, after speculation in recent days about his potential political aspirations.
The comment comes after billionaire hedge fund manager Bill Ackman said last week Dimon should run for president in the next U.S. elections. Bank CEOs including Dimon are sometimes floated as potential candidates for senior government positions such as U.S. Treasury secretary or other economic policy roles. Henry Paulson, former Goldman Sachs CEO, led the Treasury during the financial crisis.