2009, as saying, JPMorgan Chase was arguably the healthiest of the nine largest U.S. banks and did not need to take TARP funds. In order to encourage smaller banks with troubled assets to accept this money, Treasury Secretary Henry Paulson allegedly coerced the CEOs of the nine largest banks to accept TARP money under short notice. Political endeavors Dimon donates primarily to the Democratic Party. In May 2012, he described himself as "barely a Democrat" stating, After Barack Obama won the 2008 presidential election, there was speculation that Dimon would serve in the Obama Administration as Secretary of the Treasury. Obama eventually named the president of the Federal Reserve Bank of New York, Timothy Geithner, to the position. Following the acquisition of Washington Mutual by JPMorgan Chase, Obama commented on Dimon's handling of the real-estate crash, credit crisis, and the banking collapse affecting corporations nationwide, including major financial institutions like Bank of America, Citibank, and Wachovia (later acquired by Wells Fargo). Dimon has had close ties to some people in the Obama White House, including former Chief of Staff Rahm Emanuel. Dimon was one of three CEOs—along with Goldman Sachs Chairman Lloyd Blankfein and Citigroup CEO Vikram Pandit—said by the Associated Press to have had liberal access to former Treasury Secretary Timothy Geithner. Nonetheless, Dimon has often publicly disagreed with some of Obama's policies. On the May 15, 2012, episode of ABC's The View, Obama responded to a question from Whoopi Goldberg regarding JPMorgan Chase's recently publicized $2 billion trading losses by defending Dimon against allegations of irresponsibility, saying, "first of all, JP Morgan is one of the best managed banks there is. Jamie Dimon, the head of it, is one of the smartest bankers we've got", but added, "it's going to be investigated". During the 2016 United Kingdom European Union membership referendum, JP Morgan Chase under Dimon's leadership donated large sums of money to the Remain campaign, and Dimon personally campaigned with Chancellor of the Exchequer George Osborne against Brexit. In December 2016, Dimon joined a business forum assembled by then president-elect Donald Trump to provide strategic and policy advice on economic issues. The forum later dissolved after Trump's comments on the alt-right political violence at the 2017 Unite the Right rally, including the Charlottesville car attack. During the presidency of Donald Trump, Dimon supported Trump's Tax Cuts and Jobs Act of 2017 but condemned the Trump administration's immigration