Jamie Dimon Met With Texas AG Paxton as State Bans Banks Over ESG Policies - Bloomberg

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Dimon Met With Texas AG as State Bans Banks Over ESG Policies

  • The April meeting with the JPMorgan CEO took place in New York
  • Banks are being examined for their stance on oil and gas

Jamie Dimon

Photographer: Victor J. Blue/Bloomberg
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon met with Texas Attorney General Ken Paxton as the Republican official threatens to bar more banks from helping the state and its local governments sell bonds to raise funds for projects.

Dimon and Paxton met in New York in April, according to a person familiar with the meeting who is not authorized to speak on the matter and asked not to be identified. Staffers in the attorney general’s office have been meeting with several bankers as they examine companies to determine whether they engage in a boycott of the oil and gas industry. Paxton has targeted members of the Net-Zero Banking Alliance, which includes JPMorgan.

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