Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Business

JPMorgan Chase CEO Jamie Dimon says DOGE ‘needs to be done’ to fix government inefficiency

by admin February 26, 2025
February 26, 2025
JPMorgan Chase CEO Jamie Dimon says DOGE ‘needs to be done’ to fix government inefficiency

JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees and works to dismantle agencies including the Consumer Financial Protection Bureau.

Dimon was asked by CNBC’s Leslie Picker whether he supported efforts by Elon Musk’s Department of Government Efficiency. He declined to give what he called a “binary” response, but made comments that supported the overall effort.

“The government is inefficient, not very competent, and needs a lot of work,” Dimon told Picker. “It’s not just waste and fraud, its outcomes.”

The Trump administration’s effort to rein in spending and scrutinize federal agencies “needs to be done,” Dimon added.

“Why are we spending the money on these things? Are we getting what we deserve? What should we change?” Dimon said. “It’s not just about the deficit, its about building the right policies and procedures and the government we deserve.”

Dimon said if DOGE overreaches with its cost-cutting efforts or engages in activity that’s not legal, “the courts will stop it.”

“I’m hoping it’s quite successful,” he said.

In the wide-ranging interview, Dimon also addressed his company’s push to have most workers in office five days a week, as well as his views on the Ukraine conflict, tariffs and the U.S. consumer.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Denny’s says some locations will start charging extra for eggs amid nationwide shortage
next post
Starbucks to lay off 1,100 corporate workers as sales sag

Related Posts

CVS is under pressure and considering a breakup....

October 7, 2024

Delta Airlines cancellations and delays continue but worst...

July 25, 2024

Hims & Hers Health says it will offer...

May 21, 2024

Shein’s global ambitions leaves some cybersecurity experts fearful...

July 10, 2024

Art created autonomously by AI can’t be copyrighted,...

March 21, 2025

CFPB rule to save Americans $10 billion a...

May 10, 2024

Walgreens plans store closures as CEO says consumers...

June 29, 2024

Tesla’s law firm drafts Delaware bill that could...

February 20, 2025

Global debt has grown to $315 trillion this...

May 30, 2024

Capital One and Discover merger approved by Federal...

April 19, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Clusters of Long Winning Streaks: What They’re Telling Us

      June 6, 2025
    • Three Charts Showing Proper Moving Average Alignment

      June 6, 2025
    • Biden only hand-signed one pardon during final spree, and it was his most controversial one

      June 6, 2025
    • GOP bill takes aim at Congress’ ‘no rules apply’ emergency spending

      June 6, 2025
    • White House highlights Pelosi hypocrisy after Schiff demands Trump admin financial, ethics docs

      June 6, 2025

    Categories

    • Business (969)
    • Investing (2,330)
    • Politics (2,883)
    • Stocks (1,056)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved