Jamie Dimon, CEO of JPMorgan Chase, joins Margaret Hoover for a wide-ranging conversation about what American business owes the country—and where government should get out of the way.
Fresh off JPMorgan’s announcement of a $750 billion commitment to affordable housing, Dimon explains why he believes the private sector has a responsibility to help tackle America’s biggest challenges and argues that excessive regulation—not a lack of money—is the biggest obstacle to building more affordable housing.
Speaking from Modesto, California, during his annual bus tour, Dimon makes the case for reigniting the American Dream, acknowledges that millions of Americans have been left behind, and explains why he believes business leaders should embrace a larger sense of civic responsibility.
Dimon also sounds the alarm about America’s defense and manufacturing capacity, warning that the U.S. is dangerously reliant on potential adversaries for critical materials and technologies. He explains JPMorgan’s $1.5 trillion Security and Resiliency Initiative and why he believes “the national interest is more important than JPMorgan.”
He defends capitalism while acknowledging its shortcomings, makes the case for continued engagement with China, and weighs in on the Trump administration taking equity stakes in private companies.
Finally, Dimon reflects on patriotism, American exceptionalism and why preserving the country’s economic and military strength matters far beyond Wall Street.
Support for Firing Line with Margaret Hoover is provided by Robert Granieri, Vanessa and Henry Cornell, The Margaret and Daniel Loeb Foundation, The Beth and Ravenel Curry Foundation, The Meadowlark Foundation, The Philip I Kent Foundation, Anne & Edward Lamont, and Jared Stone.
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