JPMorgan Chase CEO #JamieDimon discusses DOGE's efforts to cut government spending and whether it could weigh on the economy. Watch the full interview at the #linkinbio #CNBC

How do you think about the self-described chainsaw approach that Doge is taking to the federal government? Is it something you support? Yeah, you know, it's too binary to say support or not. Here's what I support, okay? The government, and most everybody would know the government's inefficient, not very confident, and it needs a lot of work. And so you and I, it's not just waste and fraud, it's outcomes. Why are we spending the money on these things? Are we getting what we deserve, you know? What should we change? And so I think doing that needs to be done. Remember, it was tried by Al Gore and Bill Clinton, it was tried by a bunch of other folks in the past. Yes, they should try. I also, you have to understand that whenever you go to any big institution or the government, the bureaucracy that pushes back on everything, and they will hear. Every little thing they're going to push back on, so you have to be strong if you're going to do it. I'm hoping it's quite successful. You know, if there's overreach, things they're doing which are not legal, the courts will stop it, but I'm hoping that's not the case, but again, it's very early stages to tell exactly what it's going to mean and how it's going to affect the economy.