Now that the Director General of JPMORGAN Chase Jamie Dimon and CEO of Tesla and Doge leaider Elon Musk has repaired their relationship After the years of the trial, Dimon is wishing Musk well his new government effort.
When asked about his thoughts about Doge and agency's attempt to reduce government waste Monday by Cnbc's Leslie PickerDimon was optimistic.
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“I hope it is quite successful,” Dimon said.
Musk is considered a “special government employee” who officially serves under President Donald Trump, According to the white house. “A special government employee is anyone who works, or is expected to work for the government for 130 days or less in a 365-day period,” for US Justice Department.
Doge's 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,” Dimon said.
“It's not just about the deficit, but it is about building the right policies and procedures and the government we deserve,” he added.
When asked if he supports the “chain-saw approach” that DOGE is going to the federal government, Dimon said this is something that has been proven before.
“Remember, it was judged by Al Gore and Bill Clinton. It was judged by a gang of other people in the past,” he said. “Yes, they have to try.”
View the full video In CNBCHere.