Jamie Dimon slams US government, hopes Dogecoin succeeds like Elon Musk

Picture this: Jamie Dimon, the head honcho at JPMorgan Chase, and Elon Musk, the guy who’s always got something up his sleeve, used to be, well, let’s just say not the best of friends. Lawsuits and all that jazz. But now? It seems like the hatchet is buried.

And get this, Dimon is actually rooting for Musk’s latest gig. I know, right? Crazy.

What’s Musk Up To Now? (Hint: It Involves the Government)

Leslie Picker from CNBC asked Dimon what he thought about Dogecoin (DOGE) and its mission to trim the fat in government. Dimon’s response? Surprisingly positive. He said he’s “hoping it’s quite successful. ”

Turns out, Musk is now a “special government employee” working under President Trump, according to the White House. Basically, he’s helping the government for less than 130 days a year. His mission? To cut waste, fraud, and abuse.

Dimon’s Take: Government Needs a Serious Makeover

Dimon didn’t hold back. He said the government is “inefficient, not very competent, and needs a lot of work. ” Ouch. But he’s not just worried about the deficit. He wants to see better policies, better procedures, and basically, a government that works for the people.

Chain Saws and Government Waste: A New Approach?

Picker asked Dimon if he’s on board with Dogecoin’s “chain-saw approach” to cutting government waste. Dimon reminded everyone that this isn’t the first time someone’s tried this. Al Gore and Bill Clinton tried it back in the day. But Dimon’s all for giving it another shot. “Yes, they should try,” he said.

You’ve got a messy room. You can try to organize it neatly, or you can just grab a chain saw and start hacking away at the clutter. Dogecoin seems to be going for the latter approach. Will it work? Only time will tell.