MUMBAI: JP Morgan chief Jamie Dimon, who was in India this week to host the corporate’s India Investor Summit, spoke in help of a proposal by US Presidential candidate Donald Trump to have an effectivity fee headed by Elon Musk.
“This idea about having an efficiency commission, I actually like the idea. I think govts have to become more efficient, more competent and look at when they take money, what do they get for it?” Dimon mentioned 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 bettering 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 take into account Dimon for Treasury secretary – a press release 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 mentioned, “I never spoke about holding public office. When asked about serving my country, I said what I’m doing now serves my country.” He added mentioned that he would in all probability be round in his present position subsequent 12 months too.
“I can do a great job by building JPMorgan Chase. It is helping our employees, customers, and new businesses. I think it serves your country. When I first came to India in 2005, we banked only 20 companies directly and supported around 100 multinationals. Today, we bank 150 companies and support 850 multinationals,” he mentioned.
