Jim Cramer explains why most CEOs don’t speak up to President Trump

Watch on YouTube ↗  |  January 23, 2026 at 15:31  |  4:18  |  CNBC
Speakers
Jim Cramer — Host, Mad Money
Carl Quintanilla — Anchor, CNBC

Summary

CNBC's Jim Cramer and Carl Quintanilla discuss President Trump's lawsuit against Jamie Dimon and J.P. Morgan over debanking, plus an outstanding Capital One lawsuit. Cramer argues the financial sector selloff on these headlines is overdone and says he is not concerned about Capital One. The conversation then shifts to CEO fear of criticizing Trump and Fed succession chatter, with low bond-market volatility.

  • Trump sued Jamie Dimon and J.P. Morgan over debanking.
  • Financials were the worst-performing sector in the morning session.
  • Cramer said financials should not be selling off on the lawsuit news.
  • Cramer dismissed concerns about Capital One's outstanding Trump-plaintiff lawsuit.
  • CEOs are reluctant to criticize Trump due to fear of political and shareholder backlash.
  • Fed chair succession chatter includes Rick Rieder and other candidates.
  • Bond yields held near 4.25% and volatility remained low.
Ideas
Jim Cramer Host, Mad Money 0:32
Capital One lawsuit fear is overdone
Jim Cramer is not concerned about Capital One's outstanding lawsuit filed by Trump plaintiffs, including Eric Trump. He views Capital One as an entity to itself and says people underestimate it as the third-largest credit card group, implying the legal overhang does not justify selling the stock.
COF MED
Jim Cramer Host, Mad Money 0:44
Financials selloff on lawsuit headlines looks overdone
Jim Cramer says financials should not be going down like this even though the sector is the worst performer this morning on Trump/JPMorgan lawsuit headlines. He acknowledges financials have been hot, with Goldman Sachs very hot, but he views the lawsuit-driven selloff as unjustified.
XLF MED
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This CNBC video, published January 23, 2026, features Jim Cramer discussing COF, XLF. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Jim Cramer  · Tickers: COF, XLF