Jamie Dimon
๐ค SpeakerAppearances Over Time
Podcast Appearances
In the worst case, you'd have to have a drastic reduction of the credit card business.
I mean drastic.
I mean like 10 percent.
I mean like 80 percent.
It would remove credit from 80% of Americans.
It would be an economic disaster.
And I'm not making up because our business, you know, we would survive it, by the way.
In the worst case, you'd have to have a drastic reduction of the credit card business.
It would remove credit from 80 percent of Americans, and that is their backup credit.
But I have a great idea.
Since there's a huge disagreement on this one, you know, between Republicans and Democrats, I think we should test it.
In the worst
case that they have a drastic reduction of the credit card business.
I mean drastic.
I mean like 10 percent.
I mean like 80 percent.
Well, chairman of the Fed, I'd put in the absolutely, positively, no chance, no way, no how for any reason.
Okay.
Secretary of Treasury, I would consider, if a president calls you up and asks you to do something, you should consider it.
So I would take the call and consider it and think about why and what they want, etc.,