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Jamie Dimon Is Just Sitting Here Waiting For The Fed To Get Its GD Act Together

Enough with the pussyfooting around!
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"Christ, Janet!" Photo: Steve Jurvetson, via Wikimedia Commons

"Christ, Janet!" via Wikimedia Commons

Jamie Dimon sat down for a little chat with Carlyle Group CEO David Rubenstein today and in addition to throwing it out there that he could see himself in the Oval Office "but it's too hard and too late," sent a message to the Fed that perhaps it should cease standing around with its collective thumb up its ass and raise some god damn rates.

"Let's just raise rates," Dimon said... "Twenty-five basis points is a drop in the bucket." He went on to say he would rather see the Fed raise sooner rather than later, and said that at a positive point in the U.S. economy, "you don't want to be behind the 8-ball" when it comes to a rate hike.

Also, don't come at him with these middling little management rolls.

...when Rubenstein pressed Dimon for how he would respond if the next president of the United States offered him the role of leading the Treasury Department, the bank CEO turned the tables. "I'd say, ask David Rubenstein," Dimon said.

JAMIE DIMON: 'I would love to be president of the United States' [BI]
JPMorgan Chase CEO Jamie Dimon says it's time to raise rates [CNBC]