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JPMorgan Chase CEO Jamie Dimon announces PolicyCenter - Business Insider

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JPMorgan Chase has built a public policy center in DC and its first plan is to help people with criminal records get jobs. CEO Jamie Dimon told us why.

the following year, not long after the city had declared bankruptcy. In both cases, Scher and his team developed relationships with local leadership in communities it went to, including a strong relationship with Detroit Mayor Mike Duggan.

Its initial project, lowering barriers for those with criminal records, is a good example of what to expect from it. Dimon said that it was inspired from working with Scher's team. Reforming fines, making them easier to pay, and removing the seizure of a driver's license as punishment for failing to pay.The $7 million accompanying this effort will go toward organizations that assist formerly incarcerated people and others with criminal backgrounds with job training, mentorship, financial health, and access to employers.

Higginbottom stressed that the center will look for areas of agreement to work on regardless of which party, and which branch of that party, is in power — though, by definition, that assumes an openness to moderate policy stances.

 

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Easy why... I dont think there is any banker or trader with no criminal records left... And they save on formation to make them act like criminals... Am i right ?

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