Politics /

Jamie Dimon Urges Democrats To Stop Insulting 'Ultra-MAGA' Republicans

Financial Boss says Americans should 'stop denigrating each other all the time because people take a point of view that's slightly different than yours'


Jamie Dimon Urges Democrats To Stop Insulting 'Ultra-MAGA' Republicans

In a call for unity during a period of heightened political polarization, JP Morgan CEO Jamie Dimon is urging Democrats to end their attacks on "ultra-MAGA" Republicans.


During the 2023 DealBook Summit on Nov. 29, Dimon said, “We’re in New York City, you know, the bastion of liberal society. Like, people, we should stop talking about ‘ultra-MAGA’. I think you’re insulting a large group of people.”


Dimon, the influential head of the world’s largest financial company, said that Republican critics often engage in scapegoating, saying Trump supporters are only backing former President Donald Trump personally.


He explained, “I don't think that's true. I think what they're looking at is saying the economy is pretty good. Like, even the black community had the lowest unemployment rate ever in his last year. He wasn't wrong about China. He wasn't wrong about NATO. He wasn't wrong about the misuse of the military. So that's why they're looking at that.”



In recent years, tensions between political factions have become more pronounced. A Brown University report on political polarization shows that Americans’ feelings toward members of the opposing major political party have worsened over time.


This September, Pew Research published data showing that majorities of Americans say they always or often feel exhausted (65 percent) and angry (55 percent) when thinking about politics.


Last month, a new analysis from voteview.com — a tool widely used by political scientists that categorizes lawmakers based on how their voting records overlap with their peers — found that the U.S. Congress is on track to become the most polarized ever.


Dimon urged attendees and viewers to exit their political bubbles and consume content from people who hold opposing political viewpoints.


“We should get out of this thing where it's one way or the other,” he said. “I’m not mad at people who are anti-abortion. If you believe in God and that conception starts at the moment of birth, you are not a bad person.”


He continued, “I just think people have to stop denigrating each other all the time because people take a point of view that's slightly different than yours. We're a democracy. People should vote and solve some of these issues, and they won't always be what you want.”

*For corrections please email [email protected]*