Jimmy Damon is separated from the “idiot” in the Democratic Party, saying that they have great hearts and small brains.

Damon’s statements may be surprising to their screaming, and they may give up his image as a Wall Street with relations with DemocratsBut Damon expressed his concerns about the party’s transformation towards progressive and popular policies throughout 2024. Issues he seen as anti -business or non -practical. It has also been criticized The party’s focus on social issuesOn the pretext that such accounts were misleading and did not reflect economic facts. During the same period, offer The measuring praise Donald Trump’s economic policies, such as definitions.

Dienon de criticism

Damon’s comments extended beyond the party’s policy to the Democrats focus on diversity, stocks, inclusion or Dei. He said that the party “Seedid Dei” gives priority to ideology for practical solutions. While reaffirming JPMorgan’s commitment to engaging with various societies, he insisted that the extent of the current Dei efforts have become counterproductive. “We were all dedicated to reaching black society, of Spanish origin, gay community, disabled – we are doing all of this. But the range, they should stop it. They seek to return more practical. It is very ideological,” he said..

Damon’s comments come amid increasing tensions within the Democratic Party, especially after the primary victory of the mayor of New York City mayor Zahran Mamdani, which Damon described as “more than Marxi more than socialism.” He warned that the Democrats “decrease all over themselves” to support Mamadani’s policies that, in his opinion, are separate from economic reality, such as freezing rent and groceries run by the city. He said that he showed that there is no persistent seriousness from the party: “There is the same ideological vulnerability that does not mean anything in the real world.”

He also criticized the Biden administration due to the lack of commercial expertise, saying that former President Joe Biden “did not have a single businessman who advised him and expressing not to ratify” lack of knowledge “of the administration. These comments that Damon made throughout the period of Biden have echoed. It has not been sold on Baidnoms.

Earlier this year, Jpmorgan announced that it would work Reducing investment in some diversity initiativesIt is reflected A wider direction among major banks To expand the DEI language and programs in the wake of political and legal transformations in the United States at the same time, Dimon Dei described as “good business” and “moral right”.

A wider context and political background

• Repeat Dei to Doi: In March 2025, JPMorgan Chase has renamed its diversity and property rights program (DEI) to “DOI) (DOI). The bank stated that “E” in Dei was always “equal opportunities”, not “equal results”, and the new name reflects this philosophy better.
• Decrease in mandatory training: JPMorgan expanded the number of training programs related to mandatory diversity, and chose a more targeted and simplified approach. Some activities, councils or classes have been combined to improve efficiency and participation.
• Dei functional integration: Instead of the Dei Central Office, diversity initiatives are now distributed through business units such as human resources and corporate responsibility. This aims to include efforts to include deeper into the basic commercial operations.
• Changes in public correspondence: Jpmorgan removed or reduced public signals to Dei on its website and in annual reports, as it is in line with the wider industry trends and a response to legal and political pressures.
• Legal and political pressures: The changes come amid the increasing scrutiny of federal agencies and political groups, especially after the executive orders of the Trump administration targeting Dei programs in government contractors and federal contractors. JPMorgan leadership indicated the need to comply with the “current laws and regulations” as a major reason for this shift.
• Written commitment: In internal notes, Coo Jenn Piepszak confirmed that JPMorgan’s recruitment and upgrade practices depend on merit, with no illegal classes or payment incentives. The bank confirms that it will not raise someone because of his political or religious beliefs or his identity.

• 2012: Damon described himself as “Documentary is barely democratic“It reflects a central position and a friend of business that sometimes puts it in conflict with the party’s progressive wing.
• 2019: The famous said“My heart is a democratic but my mind is a type of Republican”, highlighting a mixture of social consciousness and financial pragmatism.

• Donations: While the majority of Damon’s political contributions have gone to the Democrats, she also donated to choose the Republicans, especially in recent years.
• Recent years: Contributions Include donations for both Democratic and Republican candidates, such as Kyrsten Sinema (D), Jon Tester (D), Joni Ernst (R) and French Hill (R).

• 2020s: Diam.
• 2023-2024: Virtue Nikki Haley Donald Trump for Republican nomination, and although no candidate was supported Kamala Harris’s support was reported in particular Ali Trump in the 2024 elections.