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Squawk Pod

Squawk Pod Reports from Davos: JPMorgan Chase CEO Jamie Dimon 01/22/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 22 January 2025

⏱️ 19 minutes

🧾️ Download transcript

Summary

At the World Economic Forum in Davos, Switzerland, Andrew Ross Sorkin sits down for an extended interview with JPMorgan Chase CEO Jamie Dimon. He weighs in on President Trump’s second term and his plan for tariffs, American political sentiment, the impact of geopolitics on finance. Jamie Dimon - 04:25 In this episode: Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0

Elon and I have hugged it out.

0:05.6

You've hugged it out?

0:06.6

Jamie Diamond, the CEO of J.P. Morgan Chase at the World Economic Forum in Davos, Switzerland,

0:12.5

his message to the American public after Donald Trump's second inauguration.

0:17.1

The problem with putting a voter in a box is a voter may be voting for someone for completely different reasons than you think or I think.

0:23.2

Respect why they may have grievances or anger.

0:26.3

One of those grievances, efficiency, will Elon Musk's doge be enough?

0:31.3

We deserve good government.

0:33.1

And I don't think anyone thinks sending another trillion dollars to Washington, D.C., will lend to good government.

0:38.1

Plus, Jamie Diamond on the state of his own bank, America's largest, J.P. Morgan's future.

0:43.7

You now have a couple of activists going after your company.

0:46.1

Really?

0:47.1

Not that I'm aware.

0:47.8

Are you aware of this?

0:48.7

Bring them on.

0:50.0

I'm CNBC producer Katie Kramer.

0:52.0

Squawk Pod reports from Davos.

0:54.4

J.P. Morgan Chase's Jamie Diamond begins right now.

1:01.7

J.P. Morgan Chase is the largest bank in the United States with more than 80 million customers,

1:11.4

and it's been run for nearly 20 years by CEO Jamie Diamond, one of America's highest profile corporate executives.

1:17.6

And as the 55th annual meeting of the World Economic Forum continues in Davos, Switzerland,

1:22.6

leaders in boardrooms and governments are closely monitoring the day one and day two executive orders from

...

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