Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Politics

Jamie Dimon says Trump ‘wasn’t wrong’ about critical issues, warns Biden campaign on MAGA label

by January 18, 2024
January 18, 2024
Jamie Dimon says Trump ‘wasn’t wrong’ about critical issues, warns Biden campaign on MAGA label
Read this article for free!
Plus get unlimited access to thousands of articles, videos and more with your free account!
Please enter a valid email address.
By entering your email, you are agreeing to Fox News Terms of Service and Privacy Policy, which includes our Notice of Financial Incentive. To access the content, check your email and follow the instructions provided.

JPMorgan Chase CEO Jamie Dimon praised former President Donald Trump’s handling of the economy, immigration, China and other issues in an interview this week.

Dimon made the comments defending ‘MAGA’ voters during an interview with CNBC’s ‘Squawk Box’ on Wednesday.

‘When people say ‘MAGA,’ they’re actually looking at people voting for Trump, and they think they’re voting — they’re basically scapegoating them, that you are like him. But I don’t think they’re voting for Trump because of his family values,’ Dimon said of the former president.

Dimon hesitated from fully endorsing Trump’s rhetoric on sensitive topics, but said it was clear many voters found value in his first term as president.

‘I don’t like how he said things about Mexico […] but he wasn’t wrong about some of these critical issues, and that’s why they’re voting for him,’ Dimon told CNBC. ‘I think people should be a little more respectful of our fellow citizens.’

‘I mean, really, can we just stop that stuff and actually grow up and treat other people with respect and listen to them a little bit?’ he continued. ‘I think this negative talk about MAGA is going to hurt Biden’s election campaign.’

It is only the latest commentary Dimon has offered on economic issues facing citizens across the country.

Dimon said earlier this month that he is not convinced the Federal Reserve can achieve a soft landing as a result of their most aggressive rate hike campaign since the 1980s. 

During an exclusive interview on ‘Mornings with Maria’ on Tuesday, Dimon warned about the possibility of a looming recession, while comparing the financial state to the turbulent period of 50 years ago when the nation endured a decade of high inflation. 

‘I look at a lot of things, and forget just economic models for a second, $2 trillion of fiscal deficit, the infrastructure and IRA act, the green economy, the re-militarization of the world, the restructuring of trade are all inflationary,’ he told host Maria Bartiromo. ‘And that looks a little more like the 1970s to me.’

Fox News Digital’s Kristen Altus contributed to this report.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Stefanik hits back at House Democrat pushing to censure her: ‘Desperate free fall’
next post
Blinken delayed in Switzerland after Boeing jet suffers ‘mechanical issue,’ new plane en route

Related Posts

Dems attack Johnson over impassioned Columbia speech condemning...

April 26, 2024

Former Biden rival warns of ‘softness’ in president’s...

June 20, 2023

House to focus just on Israel, Iran next...

April 14, 2024

Hamas releases more Israeli hostages on 6th day...

November 30, 2023

NYC mayor gives eyebrow-raising retort after protester screams,...

July 25, 2023

Key Freedom Caucus member predicts House GOP will...

December 3, 2023

Third-party group No Labels inches closer to launching...

March 14, 2024

SCOTUS to hear arguments in Biden’s lawsuit ‘subverting...

April 24, 2024

Former US ambassador called Castro the ‘Comandante,’ labeled...

December 5, 2023

CCP flagship newspaper touts Biden campaign’s TikTok, criticizes...

March 1, 2024

    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.

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Lithium Market Update: Q3 2025 in Review

    • Despatch of SPP Offer Documents

    • Crypto Market Update: FalconX to Buy 21Shares, Senate Democrats Call Out Trump Envoy

    • Apollo Silver

    • Blackrock Silver Commences Phase 2 Hydrology Program, Geotechnical Evaluation and Seismic Survey on the Tonopah West Project

    Categories

    • Business (1,401)
    • Investing (3,062)
    • Politics (3,699)
    • Stocks (1,828)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.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 moneycontrolplace.com | All Rights Reserved