As President-elect Donald Trump prepares to take office for his second term, Jamie Dimon, the CEO of JPMorgan Chase, has shared his perspective on key issues facing the nation.
Dimon, in a recent interview, highlighted immigration policy as one of the central topics for Trump to address in his upcoming presidency.
Dimon emphasized the importance of securing the nation’s borders, suggesting that getting immigration and border security “right” should be a top priority. This aligns with Trump’s stance on immigration, which includes plans for mass deportation, ending birthright citizenship, and building more detention centers. Dimon acknowledged that while specific approaches may differ, the broader concern of border security resonates with countries around the world.
Beyond immigration, Dimon advocates for significant reforms in the US education system. He suggests that schools and universities should be evaluated based on outcomes that directly benefit students’ employability and earning potential. Dimon called for a greater emphasis on teaching skills in high-demand fields such as data analytics, manufacturing, and nursing, which could help bridge the gap between education and the needs of the workforce.
Dimon also touched on the topic of tax policy, expressing support for doubling the Earned Income Tax Credit (EITC), which supports low- to moderate-income workers, particularly those with children. He believes that expanding the EITC would provide direct financial relief to working families, benefiting communities and bolstering the economy.
In light of Trump’s electoral victory, Dimon noted that economic concerns such as inflation, job insecurity, and rising costs were key drivers of voter sentiment. Trump’s messaging on these issues resonated strongly with voters who felt left behind by the current economic system. Dimon acknowledged that many Americans are frustrated with rising costs and stagnant wages, and stressed the need for policies that support job growth and improve economic conditions.
As Trump prepares to implement policies on taxes, trade, and immigration, Dimon’s advice reflects the broader economic concerns that influenced the 2024 election and will shape the President’s next term. With Trump focusing on policies that address economic dissatisfaction, Dimon’s guidance highlights the importance of balancing growth with equitable opportunity.
Business Insider and Newsweek contributed to this report.
