Industry leaders in the United States are reportedly unconcerned about a possible second term for former President Donald Trump — confident the government's built-in checks and balances will be sturdy guardrails.
Yet the confidence worried at least one partner at a large global private equity firm who joined the gathering at the World Economic Forum in Davos, Switzerland — given Trump's skepticism about his election defeat in 2020, and the subsequent U.S. Capital riot on Jan. 6, 2021, CNBC reported.
Talk about Trump dominated dinners and parties at the elite meeting, the outlet reported, revved up by his Iowa caucus victory.
JPMorgan CEO Jamie Dimon told CNBC's "Squawk Box" that he urged fellow industry leaders to "take a step back and be honest."
"He was kind of right about NATO," Dimon said, the outlet reported. "He was kind of right about immigration, he grew the economy quite well. Trade. Tax reform worked. He was right about some of China.
