Jamie Dimon joined the Reagan National Economic Forum in Simi Valley, California, May 30, 2025. (Marco Bello/Bloomberg via Getty Images)
Dimon joined a fireside chat during the Reagan National Economic Forum in Simi Valley, California, at the Reagan Presidential Library Friday for a sweeping discussion on the economy and how the world's "tectonic plates are shifting" in geopolitics in the form of wars, proxy terrorists and the potential proliferation of nuclear weapons.
Dimon underscored during his address that he does not view China as America's top adversary, and instead pointed his attention to the "enemy within" that could lead to the U.S.' status as the world's leader crater.
"I'm not as worried about China," Dimon said. "China is a potential adversary. They're doing a lot of things well, they have a lot of problems. But what I really worry about is us. Can we get our own act together, our own values, our own capability, our own management?"
A visualization of the virtual cryptocurrency Bitcoin. (Edgar Su/Reuters)
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"Celebrate our virtues: freedom of speech, freedom of religion, freedom of enterprise, equal opportunity, family, God, country," he said. "You know, and you can acknowledge the flaws that we have, which are extraordinary — what we did the Black population for years. Don't denigrate the great things of this country, because those are two different things."
"We don't talk that much to each other — deal with our policies — this is the enemy within," he continued. "We've got to fix our permitting our regulations our immigration our taxation, which I, I think they're on their way. We have to fix our inner city schools, our health care system."
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The Reagan National Economic forum kicked off Friday, and includes panels featuring Secretary of Energy Chris Wright, lawmakers such as Sens. Mike Rounds and Bill Cassidy, and leaders from the private sector, such as the CEO of Booz Allen Hamilton, Horacio Rozanski. The bipartisan event works to promote "President Reagan's enduring belief in the power of the free market and individual opportunity to drive national prosperity," according to forum organizers.
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