LIVE: JPMorgan CEO Jamie Dimon Speaks to David Rubenstein

Summary

Jamie Dimon, Chairman and CEO of JPMorgan Chase, speaks with David Rubenstein at the US Chamber of Commerce about his tenure, JPMorgan's new headquarters, the bank's $1.5 trillion security and resiliency investment initiative, Fed independence, regulation, the US debt path, and geopolitical risks. Dimon outlines near-term positives for the US economy including fiscal stimulus, Fed bond buying, deregulation, inbound investment, and AI, but warns that geopolitics and unsustainable deficits are longer-term tectonic risks. He also says eroding Fed independence would push rates higher, and discusses management, policy, and personal reflections.

• Dimon discusses his career, JPMorgan leadership, and long-term tenure.
• JPMorgan is committing $1.5 trillion over 10 years to security and resiliency investments.
• Targeted areas include rare earths, active pharmaceutical ingredients, military production, drones, cyber, satellites, and shipbuilding.
• Dimon sees near-term US economic support from fiscal stimulus, Fed bond buying, deregulation, inbound investment, and AI.
• He warns geopolitics and the US deficit/debt path are major longer-term risks.
• He says eroding Fed independence would likely drive rates higher.
• He criticizes excessive regulation and policy failures in housing, education, and immigration.
• The conversation also includes personal reflections on family, health, and antisemitism.