Jamie Dimon Says JPMorgan Paused PAC Giving to Rethink Its Donations

Jamie Dimon said the reason JPMorgan Chase & Co. paused donations from its political action committee is to give the biggest U.S. bank time to reevaluate how it contributes to campaigns following last week’s deadly siege on the Capitol.

The bank is “taking a pause, a little bit of a deep breath, figuring out what we should change and how we should change it,” Dimon, JPMorgan’s chief executive officer, said at a conference Wednesday. “We saw something terrible in D.C., which was mobs violently attacking the Capitol -- that’s not justifiable on any basis.”