MUMBAI: JP Morgan chief Jamie Dimon, who was in India this week to host the corporate’s India Investor Summit, spoke in assist of a proposal by US Presidential candidate Donald Trump to have an effectivity fee headed by Elon Musk.
“This concept about having an effectivity fee, I truly like the concept. I believe govts must turn into extra environment friendly, extra competent and take a look at after they take cash, what do they get for it?” Dimon stated in an interview to CNBC TV18.
Donald Trump has proposed establishing a govt effectivity fee, led by Elon Musk, if he wins the Nov 5 election.The fee would deal with eliminating fraud and enhancing govt efficiency, aiming to finish a full monetary audit inside six months.
Dimon’s title has been circulating for a senior place within the subsequent US administration if Trump returns to energy, after the previous president initially talked about he would contemplate Dimon for Treasury secretary – an announcement Trump later retracted. There has additionally been hypothesis that Dimon would take up public service after laying out a succession plan.
Jamie Dimon backs Trump coverage
In response to a query from TOI on whether or not he would take up public workplace, Dimon stated, “I by no means spoke about holding public workplace. When requested about serving my nation, I stated what I am doing now serves my nation.” He added stated that he would most likely be round in his present function subsequent 12 months too.
“I can do an amazing job by constructing JPMorgan Chase. It’s serving to our workers, clients, and new companies. I believe it serves your nation. Once I first got here to India in 2005, we banked solely 20 firms instantly and supported round 100 multinationals. At present, we financial institution 150 firms and assist 850 multinationals,” he stated.
