Jamie Dimon: The Real Problem Is “Blue Tape,” Not “Red Tape”

JPMorgan Chase CEO Jamie Dimon is becoming quite vocal about the need for Democrat-Run cities to improve their governance.

Last week, he visited Los Angeles, where a JP Morgan bank branch was destroyed by the Palisades Fire. He toured the new branch being built, rallied the employees and had some tough words for California’s government.

In a previous California visit, Dimon unloaded on San Francisco. “Any city who doesn’t do a good job, it will lose its population — just tax more and more, it doesn’t work…. you should be saying ‘I want an efficient government.'”

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