JPMorgan Chase CEO: New York City’s antibusiness policies are driving Fortune 500 companies out
Jamie Dimon, JPMorgan Chase CEO, addressed the 2026 Hill and Valley Forum in Washington D.C. During his speech, Dimon talked about how New York City’s antibusiness policies were driving businesses away. The states that these businesses have gone to have a common trait; business friendly policies. To help illustrate his point, Dimon addressed the reduction in the number of JPMorgan employees in Manhattan matched by an increase in headcount at their Texas location.
From The Post Millennial:
Speaking at the 2026 Hill and Valley Forum in Washington DC in late March, Jamie Dimon, the longtime CEO of JPMorgan Chase, spoke on how New York City’s “anti-business sentiment” is driving businesses away to more business-friendly states such as Texas.
He said that JPMorgan’s headcount in Manhattan when he first started with the business was around 35,000 people. That number is now 26,000, he said. In contrast, the company’s headcount in Texas has boomed from 11,000 to 33,000.
“Our head count in Manhattan when I got to JPMorgan was 35,000 and now is 26,000. Our head count in Texas started at 11,000, now it’s 33,000. That’s what happens.”
Jamie Dimon on why companies are leaving New York:
“Highest individual taxes, highest estate taxes, highest… pic.twitter.com/eDUdxAdp8F
— The Hill & Valley Forum (@HillValleyForum) April 2, 2026
“That’s what happens. And, you know, part of that is the highest individual taxes, highest estate taxes, highest corporate taxes, anti-business sentiment, you know, and that’s what happens. And, you know, you could be any ideologue you want, but that’s the real world, and people vote with their feet and you can’t get mad at them. You know, it’s a free if you believe in a free country, if someone wants to move to Florida, that’s their right,” Dimon said.
Additional Reading:
Nightingale, H. (2026, April 3). Jamie Dimon says ‘anti-business sentiment’ is driving Fortune 500 companies out of NYC. The Post Millennial. Link.
But will vote and support the left woke democrat marxists in their new red state homes…
Progressivism makes people stupid.
If you don’t agree with our New York values, get on a bus and head to Florida. But leave your money here.
Governor Hochul
Gosh, who knew?! /sarc
https://finance.yahoo.com/economy/policy/articles/jamie-dimon-says-high-taxes-165724047.html
Hopefully the peeps that leave blue states and come to red states are conservatives and not demoRat libs and rhino ass hole republicans that vote democrat. These ass holes seem to vote for the same ass holes that they fled from….
I’m in Az. I have a sticker on my car that says “Vote Conservative, if liberalism worked, you would still be in California” some liberal Karen called my boss and complained about my sticker, said he should kick my car off the property. We deal with a lot of California transplants thinking they are farmers and real wild westerners because they now own an overpriced house on 2 acres of land. Go back to California assholes we don’t want you here. The red state transfers can hang around though.
As a fellow Arizonan… word
They’ll buy a compact tractor with a bush hog and a front bucket, then hire somebody else to cut their grass.
The call me because it
‘Broke” . Is your pto on? What’s that? It’s “broke” and won’t lift up the rear implement. Is your draft control working or the flow control knob turned off? What’s that? Do you have a manual? No i didn’t get one. It says here you bought it 2 weeks ago. Well I still didn’t get a manual. We are required by law to provide a manual at delivery, and the salesman is required by company policy to walk you completely through the tractor. Silence. They call and ask about service intervals. It’s in your manual separated by hours and laid out to easily follow instructions. Can’t you just tell me? I have to down load your manual California Karen and look for it. Ok I’ll wait. I fuckin want to kill somebody most days.
If they do have any mechanical skills, the current john deere policy of you can’t repair it but we will for a fee BS should send them round the bend real quick. If they bought a Kubota, they will hear its in the warehouse. In Korea.
They will hear “parts” are in the warehouse. We will call you when they arrive.
No more posting from my phone without my cheaters handy.
We should’ve extended the border wall from the southern border to the border with California.
Sigh, exhibit #2746784…. You know the rest.
Seriously? I guess Commissar’s been here to downvote. I wouldn’t have thought I needed to fill in the ellipses. “… another exhibit why liberal states are failing.”
I upvoted to get rid of the red for you. We are being stalked by another Commisar and others.
They’re not up to Commissar’s anger level. Just childish little trolls.
The whole time, that certain tune is playing in their head, on a continuous loop… anything you can do, I can do better.
Did anyone see the NYT and they wondered why the US would leave NATO? This no shit…I mean really no shit not a lie the headlines to their story: A North American Treaty Organization without America? I emphasize American in the NATO acronym from “The paper of record”. Its not just a typo, or someone getting something confused. This “journalist” and and editor thought that NATO without the US was going to be such a gotcha to #47. They think the reason for NATO was to protect America. None of these dummies realized the importance of the North Atlantic shipping lanes that would be needed to thwart a Soviet invasion of Western Europe. hence its use the acronym NATO. I bet this joker things SEATO has something to do with chairs…All this dumbfuckery while the Dems say they are so much better educated.
^
Yeah, I got a kick out of that even if it did take a few
second looks.
The NYT hasn’t been serious media for a long time. They have snake oil to sell and do a good job if it.
They got cross-wired with their NAMBLA membership.
Back-in-the-day when Howard Stern was worth listening to…
Without meaning to offend any of the fairer readers,
I just feel the need to say-
No Shit!