JP Morgan CEO Appears to Defend Trump & MAGA Movement, Says Dems Should ‘Grow Up’

Image: JP Morgan Chase CEO Jamie Dimon -- CNBC video screenshot via X.

Jaime Diamond, JPMorgan Chase CEO, during an interview Wednesday on CNBC’s “Squawk Box”, praised 45th President Donald Trump’s policies on the economy, taxes, and immigration, and appeared to defend the MAGA movement.

He also criticized Democrats’ tactics of demonizing 75 million Americans, and wondered if they could “grow up”. Biden has claimed that Trump and “MAGA Republicans” pose an existential threat to American democracy.


Jaime Dimon argued that using the phrase “MAGA” incorrectly links Trump’s supporters to the former president’s personality and character.

″[Democrats] are basically scapegoating them, [suggesting] that you are like him,” Dimon said. “I don’t think they’re voting for Trump because of his family values,” he said.

“Take a step back, be honest. He was kind of right about NATO, kind of right on immigration. He grew the economy quite well. Trade tax reform worked. He was right about some of China,” Dimon continued.

“He wasn’t wrong about some of these critical issues, and that’s why they voted for him,” he said.


“I think people should be a little more respectful of our fellow citizens. … Can we just stop all this stuff and grow up?” he asked after pointing out the derogatory name-calling and stereotyping from Democrats.

“I think this negative talk about MAGA is going to hurt Biden’s election campaign,” Dimon warned, referencing Trump’s supporters by the acronym of his “Make America Great Again” campaign slogan.

The remarks by Dimon, who has donated to Democratic candidates but previously described himself as “barely a Democrat,” came two days after the former president trounced his few remaining Republican rivals in the Iowa caucuses, Kevin Breuninger at CNBC reports.


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