Jamie Dimon Backs DOGE Conditionally, Says Government Is ‘Not Very Competent’

The Department of Government Efficiency says it has saved an estimated $65 billion so far.
Jamie Dimon Backs DOGE Conditionally, Says Government Is ‘Not Very Competent’
JPMorgan Chase CEO Jamie Dimon testifies in Washington on Sept. 21, 2022. Reuters/Elizabeth Frantz/File Photo
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Jamie Dimon, CEO of JPMorgan Chase, said he was backing the efforts of the Department of Government Efficiency (DOGE) to some extent, given the inefficiency of the federal government, noting that it was too early to say how the initiative would eventually impact the U.S. economy.

DOGE, led by Elon Musk, is attempting to identify and root out fraud and waste from the federal government.

Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.