Back to today’s briefing

Story perspectives

JPMorgan's Dimon Slams Democrats, Sparks $20M Campaign

7/12/2025

38 5

Summary

Story summary

JPMorgan CEO Jamie Dimon didn't hold back during his speech in Ireland, labeling Democrats as "idiots" and slamming mayoral candidate Zohran Mamdani as "more a Marxist than a socialist." Dimon expressed concern over the Democrats' emphasis on diversity initiatives over actionable policies, igniting a fierce $20 million campaign against Mamdani from affluent New Yorkers.

1 of 1

Story summary

JPMorgan CEO Jamie Dimon didn't hold back during his speech in Ireland, labeling Democrats as "idiots" and slamming mayoral candidate Zohran Mamdani as "more a Marxist than a socialist." Dimon expressed concern over the Democrats' emphasis on diversity initiatives over actionable policies, igniting a fierce $20 million campaign against Mamdani from affluent New Yorkers.