Jamie Dimon from JPMorgan hopes that Elon Musk’s Doge is successful

Jamie Dimon from JPMorgan hopes that Elon Musk’s Doge is successful

Now, when the general director of JPMorgan Chase, Jamie Dimon and Tesla CEO and Leader Doge, Elon Musk, have repaired their relationship after years of dispute, Dimon wishes musk in their latest government undertaking.

Asked to think about the dog and the agency’s efforts to cut back the waste of presidency on Monday Leslie Picker from CNBCDimon was optimistic.

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“I hope it’s quite successful,” said Dimon.

According to the White House, Musk is considered a “special government employee” who officially serves under President Donald Trump. “A special government employee is anyone who works or is to act, for the government for 130 days or less in the 365-day period”, in accordance with US Department of Justice.

The Doge function is to eliminate government waste, fraud and abuse, According to the agency.

“The government is inefficient, not very competent and needs a lot of work,” said Dimon.

“It’s not just about the deficit, but about building the right rules and procedures and the government we deserve,” he added.

Asked if he supports the “approach to the chain”, which Doge accepts to the federal government, Dimon said it was something that was tried earlier.

“Remember that he was tried by Al Gore and Bill Clinton. In the past it was tried by a group of other people,” he said. “Yes, they should try.”

Watch the full movie on CNBCHere.

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