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Benzinga
Benzinga
Business
Casey B. Renner

'We've Got To Get Our Act Together,' Warns JPMorgan CEO — Mismanagement, Not China, Is America's Real Threat

Jamie,Dimon,Speaks,During,Ceremony,For,Final,Steel,Beam,Wrapped

"We've got to get our act together," JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon said in late May, warning that poor governance, not China, could erode U.S. leadership. 

Speaking at the Reagan National Economic Forum in Simi Valley, California, Dimon pointed to crumbling bridges, grid bottlenecks, and a $36.2 trillion federal debt to shrinking national prestige. He also warned that the dollar's reserve-currency crown could slip if Washington fails to correct course.

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