Jamie Dimon and DOGE

Jamie Dimon calls U.S. government ‘inefficient’ and says Elon Musk’s DOGE effort ‘needs to be done’

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 advisory body, the 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, it’s 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.

He's right. The key is OUTCOMES. Name an agency where the outcome is worth the price taxpayers are paying. Can you think of even one?

This story caught my eye since HA likes to elevate this guy as an expert we should listen to.

www.cnbc.com/2025/02/24/jamie-dimon-us-g...usk-doge-effort.html

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

PERHAPS he is right, BUT the courts have been biased on many things (that loyalty list again)SO-O, we shall see if the courts have the balls to hold accountability to MUSK AND TRUMP .....waiting.....

You are under the false impression that the courts run this country... they don't. Trump has been facing and mostly defeating leftist judges for many years now. They can try to put up walls to stop him, but the Constitution would say otherwise.

CONSTITUTION....that document that the czar is attempting to shred...so far I have NOT seen a concerted effort to STOP HIM DEAD ON. "u will fucking get in line and stop this bullshit NOW", OR YOUR ASS IS IN JAIL (nope not heard that )...POWELL didn't resign .he just put his mind into a state of THIS IS MY TERRITORY AND U WILL NOT TELL ME WHAT TO DO. END OF STORY. WE NEED MORE POWELLS.......(ONE WOULD ONLY HOPE THERE R SOME)

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

PERHAPS he is right, BUT the courts have been biased on many things (that loyalty list again)SO-O, we shall see if the courts have the balls to hold accountability to MUSK AND TRUMP .....waiting.....

Such a lazy argument . . . entirely built upon a foundation of emotion without even a hint of independent rational review of the arguments being considered by the courts.

Nicholas, a judge on the U.S. District Court for the District of Columbia, was nominated by Trump in 2019. He worked for the Department of Justice between 2005 and 2009 and was in private practice before his nomination to the bench.

This past Friday, Nichols ordered a temporary halt to plans to put almost 3,000 U.S. Agency for International Development employees on paid leave and agreed to stop the 30-day deadline for USAID staffers to return home at government expense.

But he said in a hearing that his order was not a decision on a request from two federal employee associations to roll back the administration's dismantling of the agency, the AP reported.

www.newsweek.com/full-list-judges-thwart...ministration-2029340

Judges appointed by Reagan, Bush (both of 'em), Obama, Trump, and Biden have all issued injunctions on some of the actions and EOs. Your "loyalty list" argument is valid only in your own mind HA. It might make you feel better, but it has no basis in reality.

homeagain wrote: CONSTITUTION....that document that the czar is attempting to shred...so far I have NOT seen a concerted effort to STOP HIM DEAD ON. "u will fucking get in line and stop this bullshit NOW", OR YOUR ASS IS IN JAIL (nope not heard that )...POWELL didn't resign .he just put his mind into a state of THIS IS MY TERRITORY AND U WILL NOT TELL ME WHAT TO DO. END OF STORY. WE NEED MORE POWELLS.......(ONE WOULD ONLY HOPE THERE R SOME)

I'm sorry, but I don't understand your unique language at times. Who is the party that said that bolded (I'm assuming it's a paraphrase)? Not sure what Powell has to do with this thread but, whatever.

How is Trump shredding the Constitution... please give a specific example.

The Constitution doesn't say anything about protecting the rights of slacking federal workers.