JP Morgan Chase CEO Jamie Dimon publicly supported Elon Musk's leadership of the newly created Department of Government Efficiency (D.O.G.E). Dimon called Musk "our Einstein" and expressed JPMorgan's readiness to assist Musk in his efforts to tackle inefficiency in the federal government. President Donald Trump recently signed an executive order establishing the D.O.G.E department, which aims to modernize federal IT systems and reform Washington's operations. Dimon also discussed President Trump's tariff plans, stating that they are necessary to protect American interests. However, legal challenges have been raised against the D.O.G.E department, alleging violations of federal advisory committee laws. Dimon also expressed concerns about the US stock market's high valuation and highlighted global risks, including the Ukraine conflict, tensions in the Middle East, and China's increasing threat.
Content Editor ( cryptopolitan.com )
- 2025-01-23
JPMorgan CEO Jamie Dimon supports Elon Musk’s D.O.G.E department
