Jamie Dimon breaks with ‘idiots’ in Democratic Party, saying they ‘have big hearts and little brains’

Damon’s statements may be surprising to their sharpness, and may abandon his image as a prominent Wall Street with relations with Democrats, but Damon has expressed his concerns about the party’s transformation towards progressive and firm policies throughout 2024. Damon has confronted the issues he saw as fighting or impractical. He also criticized the party’s focus on social issues, on the pretext that such accounts were misleading and did not reflect economic facts. During the same period, he gave birth to some Donald Trump’s economic policies, such as definitions.

Dienon de criticism

Damon’s comments extended beyond the party’s policy to the Democrats focus on diversity, stocks, inclusion or Dei. He said that the party “Seedid Dei” gives priority to ideology for practical solutions. While reaffirming JPMorgan’s commitment to engaging with various societies, he insisted that the extent of the current Dei efforts have become counterproductive. He said: “We were all devoted to reaching black society, of Spanish origin, gay community, and disabled – we are doing all of this. But how long they stop.

Damon’s comments come amid increasing tensions within the Democratic Party, especially after the primary victory of the mayor of New York City mayor Zahran Mamdani, which Damon described as “more than Marxi more than socialism.” He warned that the Democrats “decrease all over themselves” to support Mamdani policies that, in his opinion, are separate from economic reality, such as freezing rent and groceries run by the city. He said that he showed that there is no persistent seriousness from the party: “There is the same ideological vulnerability that does not mean anything in the real world.”

The Biden administration also criticized the lack of commercial expertise, saying that former President Joe Biden “had no single businessman who advised him and expressing not to ratify” lack of knowledge “of the administration. These comments made by Damon throughout Biden have echoed that they were not sold on Bidenum.

Earlier this year, Jpmorgan announced that it would reduce investment in some diversity initiatives, which reflects a broader trend between the main banks to expand the DEI language and programs in the wake of political and legal transformations in the United States at the same time, describing Demon Dei as “good business” and “right to ethics.”

A wider context and political background

• Repeat Dei to Doi: In March 2025, JPMorgan Chase has renamed its diversity and property rights program (DEI) to “DOI) (DOI). The bank mentioned that “E” in Dei was always at the top of “equal opportunities”, not “equal results”, and the new name reflects this philosophy better.
• Decrease in mandatory training: JPMorgan expanded the number of training programs related to mandatory diversity, and chose a more targeted and simplified approach. Some activities, councils or classes have been combined to improve efficiency and participation.
• Dei functional integration: Instead of the Dei Central Office, diversity initiatives are now distributed through business units such as human resources and corporate responsibility. This aims to include efforts to include deeper into the basic commercial processes.
• Changes in public correspondence: JPMorgan removed or reduced public signals to Dei on its website and in annual reports, as it is in line with the wider industry trends and a response to legal and political pressures.
• Legal and political pressures: The changes come amid the increasing scrutiny of federal agencies and political groups, especially after the executive orders of the Trump administration targeting Dei programs in government contractors and federal contractors. JPMorgan leadership was martyred to the need to comply with the “current laws and regulations” as a major cause of this transformation.
• Written commitment: In internal notes, Coo Jenn Piepszak confirmed that JPMorgan’s recruitment and upgrade practices depend on merit, with no illegal classes or payment incentives. The bank confirms that it will not raise someone because of its political or religious beliefs or its identity.

Industry and political response

The evaluation of Damon Al -Sareeh with the Democrats comes in a state of chaos after the 2024 elections and closed from the presidency and both the congressional councils. The main victory of Mamadani, a New York City -based politician who is known as a democratic socialist, has prompted many business leaders to express similar concerns about the direction of democratic policy. Because of Damon’s close relationships with the Democrats, his criticism may flourish more because he was long being seen as a party member.

Early and professional medium: the tendencies of democracy

General data and self -description

• 2012: Damon described himself as “barely democratic”, which reflects a central position and a business friend who sometimes puts him unlike the party’s progressive wing.
• 2019: The famous said: “My heart is democratic, but my mind is a type of Republican,” highlighting a mixture of social consciousness and financial pragmatism.

Political donations: from both parties, but it is democratic

• Donations: While the majority of Damon’s political contributions have gone to the Democrats, she also donated the choice of Republicans, especially in recent years.
• Recent years: Contributions include donations for both Democratic and Republican candidates, such as Kyrsten Sinema (D), Jon Tester (D), Joni Ernst (R) and French Hill (R).

The last political sites

• 2020s: Damon has increasingly criticizing both the two main parties, expressing frustration with the ideological erosion of the Democrats and the embrace of the Republicans of popularity.
• 2023-2024: In public, Nikki Haley preferred to Donald Trump for Republican nomination, and although no candidate was supported, Kamala Harris’s support for Trump was reported in the 2024 elections.

For this story, luck The artificial intelligence is used to help with a preliminary draft. Check an editor of the accuracy of the information before publishing.