--- title: "Meaning & Key Takeaway of: You read constantly that banks are…" description: "\"You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. We don't look at it that way.\" — Jamie Dimon" image: "https://sms4smile.com/quotes/i/64a/jamie-dimon-1320_banks_you-read-constantly-that-banks-are-lobby_992350.png" --- # You read constantly that banks are lobbying regulators and… ![“You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. We don't look at it that way.” quote by Jamie Dimon](https://sms4smile.com/quotes/i/64a/jamie-dimon-1320_banks_you-read-constantly-that-banks-are-lobby_992350.png) [Download](https://sms4smile.com/quotes/i/64a/jamie-dimon-1320_banks_you-read-constantly-that-banks-are-lobby_992350.png) [Open image](https://sms4smile.com/quotes/i/64a/jamie-dimon-1320_banks_you-read-constantly-that-banks-are-lobby_992350.png) > “You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. We don't look at it that way.” [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The quote challenges the notion that banks influencing regulators is inherently wrong, suggesting a pragmatic view of lobbying. **In simple terms:** Lobbying by banks is seen as normal, not improper. Key Takeaway Accept lobbying as a standard practice. Themes politics business ethics Mood critical analytical Type political commentary When to use this quote - policy making - corporate strategy - government relations Key Concepts regulatory influence public perception Questions to Reflect On - Is all lobbying unethical? - How can transparency improve perception? A Different Perspective Lobbying can erode public trust if unchecked. ★ ★ ★ ★ ★ No ratings yet [Banks](https://sms4smile.com/quotes/about/banks/) [Banks Lobbying](https://sms4smile.com/quotes/about/banks-lobbying-2039024/) [Customer](https://sms4smile.com/quotes/about/customer/) [Elected officials](https://sms4smile.com/quotes/about/elected-officials/) [Inappropriate](https://sms4smile.com/quotes/about/inappropriate/) [Lobbying](https://sms4smile.com/quotes/about/lobbying/) [Lobbying Regulators](https://sms4smile.com/quotes/about/lobbying-regulators-2039025/) [Look](https://sms4smile.com/quotes/about/look/) [Looks](https://sms4smile.com/quotes/about/looks/) [Officials](https://sms4smile.com/quotes/about/officials/) [Officials Inappropriate](https://sms4smile.com/quotes/about/officials-inappropriate-2039026/) [Read](https://sms4smile.com/quotes/about/read/) [Way](https://sms4smile.com/quotes/about/way/) ## Related quotes > [Lobbying is not a bad thing. I'm not trying to say that we shouldn't have lobbyists or we shouldn't have lobbying to petition our…](https://sms4smile.com/quotes/jack-abramoff/lobbying-is-not-a-bad-thing-i-m-not-trying-to-say-that-we-shouldn-t/) [Jack Abramoff](https://sms4smile.com/quotes/author/jack-abramoff/) > [There is talk that badminton may not make it as a sport in the 2020 Olympics. We must bear in mind that other sports…](https://sms4smile.com/quotes/taufik-hidayat/there-is-talk-that-badminton-may-not-make-it-as-a-sport-in-the-2020/) [Taufik Hidayat](https://sms4smile.com/quotes/author/taufik-hidayat/) > [Business is recognizing the role it can play in combatting climate change. Thank God, is all I can say, for there is a desperately…](https://sms4smile.com/quotes/prince-charles/business-is-recognizing-the-role-it-can-play-in-combatting-climate/) [Prince Charles](https://sms4smile.com/quotes/author/prince-charles/) > [Certainly, my advice is that communicating, lobbying, fundraising and engaging the public in policy and politics is far more exciting and inexpensive via the…](https://sms4smile.com/quotes/chellie-pingree/certainly-my-advice-is-that-communicating-lobbying-fundraising-and/) [Chellie Pingree](https://sms4smile.com/quotes/author/chellie-pingree/) > [“I'm frankly sick and tired of the political preachers across this country telling me as a citizen that if I want to be a…](https://sms4smile.com/quotes/barry-goldwater/i-m-frankly-sick-and-tired-of-the-political-preachers-across-this/) [Barry Goldwater](https://sms4smile.com/quotes/author/barry-goldwater/) > [I'm a lobbyist and had a career lobbying. The guy who gets elected or the lady who gets elected president of the United States…](https://sms4smile.com/quotes/haley-barbour/i-m-a-lobbyist-and-had-a-career-lobbying-the-guy-who-gets-elected-or/) [Haley Barbour](https://sms4smile.com/quotes/author/haley-barbour/) > [For years all I seemed to be doing was lobbying politicians and others to persuade them that European culture needed movies, and that we…](https://sms4smile.com/quotes/wim-wenders/for-years-all-i-seemed-to-be-doing-was-lobbying-politicians-and/) [Wim Wenders](https://sms4smile.com/quotes/author/wim-wenders/) > [You become an anti-Semite. And as powerful as the Israeli lobby is, the Saudi lobby is just as powerful. In fact, the Saudis probably…](https://sms4smile.com/quotes/michael-scheuer/you-become-an-anti-semite-and-as-powerful-as-the-israeli-lobby-is-the/) [Michael Scheuer](https://sms4smile.com/quotes/author/michael-scheuer/) > [Lobbying is the world's second - oldest profession.](https://sms4smile.com/quotes/bill-press/lobbying-is-the-world-s-second-oldest-profession/) [Bill Press](https://sms4smile.com/quotes/author/bill-press/) > [When the power of private prisons is diminished, so, too, is their ability to engage in back-door political lobbying that has an impact on…](https://sms4smile.com/quotes/clint-smith/when-the-power-of-private-prisons-is-diminished-so-too-is-their/) [Clint Smith](https://sms4smile.com/quotes/author/clint-smith/) > [The American creationist movement has entirely bypassed the scientific forum and has concentrated instead on political lobbying and on taking its case to a…](https://sms4smile.com/quotes/kenneth-r-miller/the-american-creationist-movement-has-entirely-bypassed-the/) [Kenneth R. Miller](https://sms4smile.com/quotes/author/kenneth-r-miller/) > [Family law is institutionally anti-male. I've been lobbying MPs, and I'm not going to give up campaigning for equality until I get equality.](https://sms4smile.com/quotes/louis-de-bernieres/family-law-is-institutionally-anti-male-i-ve-been-lobbying-mps-and-i/) [Louis de Bernieres](https://sms4smile.com/quotes/author/louis-de-bernieres/) > [When the desirable jobs are spending other people's money, reporting on spending other people's money and lobbying to spend other people's money then you…](https://sms4smile.com/quotes/tim-worstall/when-the-desirable-jobs-are-spending-other-people-s-money-reporting/) [Tim Worstall](https://sms4smile.com/quotes/author/tim-worstall/) > [Lobbying' is the activity of attempting to influence legislation by privately influencing the legislators. It is the result and creation of a mixed economy-of…](https://sms4smile.com/quotes/ayn-rand/lobbying-is-the-activity-of-attempting-to-influence-legislation-by/) [Ayn Rand](https://sms4smile.com/quotes/author/ayn-rand/) > [Every single dollar spent lobbying a legislator on behalf of oil and gas is a toxic dollar that undermines public health and safety laws…](https://sms4smile.com/quotes/josh-fox/every-single-dollar-spent-lobbying-a-legislator-on-behalf-of-oil-and/) [Josh Fox](https://sms4smile.com/quotes/author/josh-fox/) ## More by Jamie Dimon > [I think if we had another set of policies for - not the crisis years, but after that, that we might be growing faster.…](https://sms4smile.com/quotes/jamie-dimon/i-think-if-we-had-another-set-of-policies-for-not-the-crisis-years/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [I learn from all our major competitors, whether they're in or out of the U.S. Wells Fargo is very actively, very aggressively, and very…](https://sms4smile.com/quotes/jamie-dimon/i-learn-from-all-our-major-competitors-whether-they-re-in-or-out-of/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [The United States has the best, deepest, widest, and most transparent capital markets in the world which give you, the investor, the ability to…](https://sms4smile.com/quotes/jamie-dimon/the-united-states-has-the-best-deepest-widest-and-most-transparent/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [People always say to me, "What if it doesn't work?" If it doesn't work, we redouble our effort. We're not going to cry like…](https://sms4smile.com/quotes/jamie-dimon/people-always-say-to-me-what-if-it-doesn-t-work-if-it-doesn-t-work-we/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [We've made a huge effort globally and in the US, in getting kids jobs. This is one piece. The South Bronx and inner-city schools…](https://sms4smile.com/quotes/jamie-dimon/we-ve-made-a-huge-effort-globally-and-in-the-us-in-getting-kids-jobs/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [You know, the benefit in life is to say, 'Maybe you made a mistake, let's dig deep.](https://sms4smile.com/quotes/jamie-dimon/you-know-the-benefit-in-life-is-to-say-maybe-you-made-a-mistake-let-s/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [JP Morgan always has higher capital liquidity, that is partially to make up for mistakes and problems and obviously its a tough economy. We…](https://sms4smile.com/quotes/jamie-dimon/jp-morgan-always-has-higher-capital-liquidity-that-is-partially-to/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [Trade is very good for the country. It's very good for the GDP. It's good for wages, but it doesn't mean it's always good…](https://sms4smile.com/quotes/jamie-dimon/trade-is-very-good-for-the-country-it-s-very-good-for-the-gdp-it-s/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [I've asked our people, "Why don't we just put a revolver on top of our basic loan?" Make it easier for the client.](https://sms4smile.com/quotes/jamie-dimon/i-ve-asked-our-people-why-don-t-we-just-put-a-revolver-on-top-of-our/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [As a matter of fact 25% of our U.S. investment banking business comes out of our commercial bank. So it's a competitive advantage for…](https://sms4smile.com/quotes/jamie-dimon/as-a-matter-of-fact-25-of-our-u-s-investment-banking-business-comes/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [ Not every company went bankrupt. Not every bank needed TARP \[Troubled Asset Relief Program\]. So I'm very proud that JPMorgan, throughout that time period,… ](https://sms4smile.com/quotes/jamie-dimon/not-every-company-went-bankrupt-not-every-bank-needed-tarp-troubled/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [I do want the tax system to be efficient and be conducive to growth, which it is not.](https://sms4smile.com/quotes/jamie-dimon/i-do-want-the-tax-system-to-be-efficient-and-be-conducive-to-growth/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [ There are parts \[in Dodd-Frank\] that I don't agree with. But, in total, it is what it is. ](https://sms4smile.com/quotes/jamie-dimon/there-are-parts-in-dodd-frank-that-i-don-t-agree-with-but-in-total-it/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [It's good for America when the rest of the world grows, because you can sell more to the rest of the world.](https://sms4smile.com/quotes/jamie-dimon/it-s-good-for-america-when-the-rest-of-the-world-grows-because-you/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [We had a lot of gridlock on a lot of issues. But, the American system is pretty resilient.](https://sms4smile.com/quotes/jamie-dimon/we-had-a-lot-of-gridlock-on-a-lot-of-issues-but-the-american-system/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) [Explore all 257 Jamie Dimon quotes ](https://sms4smile.com/quotes/author/jamie-dimon/) ## More Banks quotes > [What we prefer to do is operate our investment bank in a way that is like what investment banks used to be, which is…](https://sms4smile.com/quotes/warren-stephens/what-we-prefer-to-do-is-operate-our-investment-bank-in-a-way-that-is/) [Warren Stephens](https://sms4smile.com/quotes/author/warren-stephens/) > [We now have power under the Dodd-Frank legislation to break up banks. And I've said I will use that power if they pose a…](https://sms4smile.com/quotes/hillary-clinton/we-now-have-power-under-the-dodd-frank-legislation-to-break-up-banks/) [Hillary Clinton](https://sms4smile.com/quotes/author/hillary-clinton/) > [“Ever notice how the same politicians who claim to be against trickle-down economics have no problem bailing out banks and other politically connected businesses?”](https://sms4smile.com/quotes/colin-m-mcgroarty/ever-notice-how-the-same-politicians-who-claim-to-be-against-trickle/) [Colin M. McGroarty](https://sms4smile.com/quotes/author/colin-m-mcgroarty/) > [My nightmare scenario is that the government saves Citibank once again, as well as the other banks, and business resumes as usual. Then, the…](https://sms4smile.com/quotes/nassim-nicholas-taleb/my-nightmare-scenario-is-that-the-government-saves-citibank-once/) [Nassim Nicholas Taleb](https://sms4smile.com/quotes/author/nassim-nicholas-taleb/) > [“The rich run a global system that allows them to accumulate capital and pay the lowest possible price for labour. The freedom that results…](https://sms4smile.com/quotes/charles-moore/the-rich-run-a-global-system-that-allows-them-to-accumulate-capital/) [Charles Moore](https://sms4smile.com/quotes/author/charles-moore/) > [With post offices and postal workers already on the ground, USPS could partner with banks to make a critical difference for millions of Americans…](https://sms4smile.com/quotes/elizabeth-warren/with-post-offices-and-postal-workers-already-on-the-ground-usps-could/) [Elizabeth Warren](https://sms4smile.com/quotes/author/elizabeth-warren/) > [Much of what Germany and France have done in the rescue of Greece has also helped German and French banks, who for a long…](https://sms4smile.com/quotes/mario-monti/much-of-what-germany-and-france-have-done-in-the-rescue-of-greece-has/) [Mario Monti](https://sms4smile.com/quotes/author/mario-monti/) > [The world needs banking but it does not need banks.](https://sms4smile.com/quotes/bill-gates/the-world-needs-banking-but-it-does-not-need-banks/) [Bill Gates](https://sms4smile.com/quotes/author/bill-gates/) > [Banks are the temples of America. This is a holy war. Our economy is our religion.](https://sms4smile.com/quotes/giannina-braschi/banks-are-the-temples-of-america-this-is-a-holy-war-our-economy-is/) [Giannina Braschi](https://sms4smile.com/quotes/author/giannina-braschi/) > [In the old days we were the challenger brand competing against the big banks, but today I go round the world and I sit…](https://sms4smile.com/quotes/lloyd-dorfman/in-the-old-days-we-were-the-challenger-brand-competing-against-the/) [Lloyd Dorfman](https://sms4smile.com/quotes/author/lloyd-dorfman/) > [“The kind of data and the data-analytical perspective privy to banks is quite unique to banks.”](https://sms4smile.com/quotes/hendrith-vanlon-smith-jr-ceo-of-mayflower-plymouth/the-kind-of-data-and-the-data-analytical-perspective-privy-to-banks/) [Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth](https://sms4smile.com/quotes/author/hendrith-vanlon-smith-jr-ceo-of-mayflower-plymouth/) > [My father, Cecil Banks Mullis, and mother, formerly Bernice Alberta Barker, grew up in rural North Carolina in the foothills of the Blue Ridge…](https://sms4smile.com/quotes/kary-mullis/my-father-cecil-banks-mullis-and-mother-formerly-bernice-alberta/) [Kary Mullis](https://sms4smile.com/quotes/author/kary-mullis/) > [If your only arbiter of anything is money, really you should... go and rob banks.](https://sms4smile.com/quotes/bruce-dickinson/if-your-only-arbiter-of-anything-is-money-really-you-should-go-and/) [Bruce Dickinson](https://sms4smile.com/quotes/author/bruce-dickinson/) > [No paper trail means no banks. And no banks means cash houses. -Mia](https://sms4smile.com/quotes/fast-five/no-paper-trail-means-no-banks-and-no-banks-means-cash-houses-mia/) [Fast Five](https://sms4smile.com/quotes/author/fast-five/) > [I did something that challenged the banking world. Conventional banks look for the rich; we look for the absolutely poor. All people are entrepreneurs,…](https://sms4smile.com/quotes/muhammad-yunus/i-did-something-that-challenged-the-banking-world-conventional-banks/) [Muhammad Yunus](https://sms4smile.com/quotes/author/muhammad-yunus/) [Browse all 387 Banks quotes ](https://sms4smile.com/quotes/about/banks/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. 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