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JPMorgan Chase CEO Jamie Dimon is on board with Elon Musk’s proposed government efficiency commission, calling it a “very good idea.”

“So Elon, this idea about having an efficiency commission, I actually like the idea. I think governments have to become more efficient, more competent and look at when they take money what do they get for it?” Dimon said during an interview with CNBC-TV18 at the India Investor Summit, according to the New York Post.

“I actually think it’s a very good idea,” he added.

According to the CEO, there is a need for such a commission to ensure government accountability.

“We really need to do it. In America, we will do it, I’m sure,” Dimon added. “A lot of the other countries need to do the same thing.”

More from the Post:

The government efficiency commission would conduct a financial and performance audit of the federal government and would look to track down fraud and improper payments made from government programs.

It would then provide recommendations for “drastic reforms” aimed at promoting efficiency, Trump said, with the goal of eliminating fraud and improper payments within six months of the commission being formed.

Former President Donald Trump warmed to the idea right away, saying he would implement a government efficiency commission after Musk endorsed him for president.

“At the suggestion of Elon Musk, who is giving me his complete and total endorsement… I will create a government efficiency commission tasked with conducting a complete financial and performance audit of the entire federal government and making recommendations for drastic reforms,” Trump told the Economic Club of New York earlier this month.

“Elon, because he’s not very busy, has agreed to head that task force,” the Republican nominee added. “If he has the time, he’ll be a good one to do it, but he’s agreed to do it.”

Not only did Musk suggest such a commission, he confirmed his participation the same day.

“I look forward to serving America if the opportunity arises. No pay, no title, no recognition is needed,” he posted on his free speech platform X.

Dimon was also in the news this week for his remarks about how an open border will “destroy” America.

“We have to control the borders,” he said during an appearance on CNBC. “If you do not control the borders, you are going to destroy our country. And so I think that the people who think that somehow this is OK — so now that they are sending migrants into New York… all my super liberal friends now realize what a problem it is.”

Tom Tillison
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