• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Stock

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

by February 25, 2025
written by February 25, 2025

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 comment
0
FacebookTwitterPinterestEmail

previous post
New bill threatens to cripple ‘judicial tyranny’ from derailing Trump’s agenda at every turn
next post
LIZ PEEK: The gigantic slush fund inside the Biden White House

related articles

Nvidia results spark global chip rally

May 30, 2025

Boeing to resume airplane deliveries to China next...

May 29, 2025

E.l.f. Beauty to acquire Hailey Bieber skin care...

May 29, 2025

Dick’s Sporting Goods stands by full-year guidance —...

May 28, 2025

Macy’s CEO says retailer will hike some prices...

May 28, 2025

23andMe to delist from Nasdaq, deregister with SEC

May 28, 2025

Walmart fined for shipping realistic toy guns to...

May 28, 2025

Why Trump’s iPhone tariff threat might not be...

May 25, 2025

Trump clears Nippon merger with U.S. Steel

May 24, 2025

United Airlines reaches ‘industry-leading’ labor deal with flight...

May 24, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Byron Donalds urges House GOP leaders to hold vote on Biden impeachment after bombshell report

    August 20, 2024
  • US must stand up to terrorists and we need Supreme Court and Congress to do their part

    March 28, 2025
  • Ethereum continues to pull back on Friday near weekly low

    September 6, 2024
  • Trump reveals who he believes left infamous bag of cocaine at White House

    March 1, 2025
  • ‘Apprentice’ alum joins Women for Trump, speaks out against ‘sad’ Harris-supporting contestants

    November 1, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,723)
  • Investing (624)
  • Stock (773)

Latest Posts

  • Trump endorses House Republican who failed to vote on the One Big Beautiful Bill Act

    May 26, 2025
  • HHS probing hospital over firing of nurse who blew whistle on minors getting gender treatments

    April 18, 2025
  • President Trump’s foreign policy playbook has our friends and foes equally rattled

    January 30, 2025

Recent Posts

  • Vance previews Trump’s plans to ‘juice the economy,’ end Russia–Ukraine war in next 100 days

    April 30, 2025
  • 4 signs that show Trump’s foreign policy remains staunchly anti-Russian

    March 11, 2025
  • Indian Prime Minister Modi takes page from Trump, says ‘make India great again,’ or ‘MIGA’

    February 14, 2025

Editor’s Pick

  • Trump order targeting law firm WilmerHale blocked as ‘unconstitutional,’ federal judge rules

    May 28, 2025
  • iPhone voice recognition controversy: ‘Racist’ converts to ‘Trump’

    February 26, 2025
  • GM slows its EV plans again even as sales grow

    July 24, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock