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Photo: Axios

JPMorgan Chase CEO Jamie Dimon said Tuesday that he pulled out of a Saudi Arabian investment conference because the company "couldn’t be seen in any way condoning" the country's involvement in the murder of journalist Jamal Khashoggi.

The bottom line: JPMorgan's withdrawal from the "Davos of the Desert" summit doesn't mean the company won't do business in Saudi Arabia moving forward. "Being engaged is not a bad thing, it does not mean you condone everything," Dimon said at an Axios "Smarter Faster Revolution" event at UCLA. He added that the company's further involvement with Saudi Arabia is up to the U.S. government and if there are official penalties on the country. "We will now abide by what the American government decides not what JPMorgan decides," Dimon said.

Go deeper

Updated 2 hours ago - Politics & Policy

Woman who allegedly stole laptop from Pelosi's office faces fresh charges

Photo: FBI

A woman accused of breaching the Capitol and planning to sell to Russia a laptop or hard drive she allegedly stole from Speaker Nancy Pelosi's office faces fresh charges, according to a criminal complaint amended Tuesday.

Driving the news: Riley June Williams, 22, who was arrested in Pennsylvania's Middle District Monday, is suspected of being the woman featured in a video saying, "dude, put on gloves," before a man's gloved hand reaches for the laptop, per the Department of Justice.

Trump grants flurry of last-minute pardons

Photo: Jabin Botsford/The Washington Post via Getty

President Trump issued 73 pardons and commuted the sentences of 70 individuals early Wednesday, 11 hours from leaving office.

Why it matters: It's a last-minute gift to some of the president's loyalists and an evident use of executive power with only hours left of his presidency. Axios reported in December that Trump planned to grant pardons to "every person who ever talked to me."

3 hours ago - Politics & Policy

Trump revokes ethics order barring former aides from lobbying

Photo: Spencer Platt via Getty

Shortly after pardoning members of Congress and lobbyists convicted on corruption charges, President Trump revoked an executive order barring former officials from lobbying for five years after leaving his administration.

Why it matters: The order, which was signed eight days after he took office, was an attempt to fulfill his campaign promise to "drain the swamp."

  • But with less than 12 hours left in office, Trump has now removed those limitations on his own aides.

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