>> i think jamie diamond is doing what a lot of people are doing. time to work together. let's build things, make money, make life better. after the last four years, i'm all in for that. >> it adds to the point of like so much unity to get things started here. >> yep. >> sandra: and a lot of momentum. we'll see what's done with that and thanks to both of you. bret? >> bret: common ground, maybe. frigid temperatures hitting north carolina where some hurricane helene people are still living in tents. >> sandra: government offices to ditch dei. will the private sector follow suit? we'll ask ben, he's next. —hi! —hi! ♪ chocolate fundraiser. ♪ with the chase mobile app, things move a little more smoothly. ♪ deposit checks easily and send money quickly. [coins clinking] ♪ that's convenience from chase. make more of what's yours. the white house. president trump's orders dismantling the office going into effect 5:00 p.m. tonight. not just there but across the administration. now the "wall street journal" reporting that anti-dei activists are pushing major

at the end of world war ii, we americans wrote, as you are jamie diamond say, we wrote the rules that has made us prosperous and safe for the last eight decades. those rules are under incredible stress. they are under stress in europe, to be sure, by the attack of russia into ukraine. the very first rule that underwrites that is countries cannot use their military to attack smaller and weaker countries arbitrarily unless it is in active defense. in the case of russia-ukraine, ukraine was never going to attack russia. so, this was an act of aggression by putin, which by definition, is an illegal act. the u.s. stands for something in the sense of international order and it is our job to stand on that principle. but we are committing all kinds of resources in terms of weapon and money and intelligence. peter: one last question on ukraine. here we are talking about the north koreans coming in apparently of the russian state of the what do we know about the capabilities of the russian military? what have we learned? gen. milley: war is a dynamic interaction between competing wills. the rus

and then when you have people like jamie diamond, come out early on in the, in the primaries and say it's okay to vote for nikki haley. it does not because he was a near con, is because he was trying to help us. wall street friends. it's okay to vote for republican notch. nikki haley, and then you've seen since then? diamond shifted. now he likes trump. he likes what he's doing. so wall street had his blessing at the same time as trump was able to go out to the, to the soccer mom set of the, the, the center and go grand people of normal people i told you, gathered and are okay. and all that bring in, you know, former democrats, you know, guys like even more hand racing and all that stuff that all those people that went on joe rogan and the last month of the campaign. as we're all, we're all very important players to get those people to say to themselves, okay. i have, i have people that i respect are going to do this. i can, i can do this. yeah. the steve, i'm tom brings up a fascinating point. i actually, i hadn't thought about it is that it's, yeah, i don't really want to vote repu

and then when you have people like jamie diamond, come out early on in the, in the primaries and say it's okay to vote for nikki haley. it does not because he was a near con is because he was trying to tell this wall street friends. it's okay to vote for republican notch, nikki haley, and then you've seen since then, diamond shifted. now he likes trump, he likes what he's doing. so wall street had his blessing at the same time as trump was able to go out to the, to the soccer mom, set of the, the, the center and go grand people of normal people i tells you gabbert and r k and all that brand. you know, former democrats, you know, guys like even more hand recent and all that stuff that all those people that went on joe rogan and the last month of the campaign as we're all, we're all very important players to get those people to say to themselves, ok, i have, i have people that i respect are going to do this. i can, i can do this. yeah. steve, them, tom brings up a fascinating point. i actually, how i hadn't thought about it is that it's, i don't really want to vote republican because o

i will quote jamie diamond is that i've read "the art of the deal" that tariffs are not only a revenueource, but they are also a gambit to get from other countries whether it is trade barriers or agreements with the threat of tariffs being a very powerful force. they are not just punishment by, you know, raising the price of everything. >> here's an interesting one for you, jim. someone turns off the internet. recently we have had these incidents where massive underwater cables, under ocean cables have been cut and it is just, that is our communications as much as we talk about the cloud and space, those are vitally important as well. >> the internet is a complicated web. i do not see the whole internet being turned off and if it is it is probably four hours and it would be very disruptive. the way that it is structured and the way we assume that it will work, some kind of global shutdown that would last for an extended period of time just does not seem very likely. like i said, it does not rule out regional ones. someone cuts cables and parts of certain countries could be without the

. >> yes well is great to be with you and listen, i appreciate with jamie diamond had to say in his absolutely what america wants is a plan on how to be stronger pretty economically, national security wise and the world stability, not the ei and not all kinds of policy that causes gasoline prices to go up. the farmers, difficulty in delivering food and the prices that we need. we need real plan this with the president is coming in with right and we are looking for over to predictability taxes hello or regulations better energy policy and more responsible energy policies and so domestic energy is dominant not just a week player and worldwide peace through strength and these are the things that work this plan carried out by the administration. liz: president biden spoke today and he claimed that america stronger than it was four years ago and we have multiple wars breaking out on his watch and topspin in the street that the accusation and listen to president biden's claim about the border, watch this. biden: let's get something on my mind of the border when they became present numbers came right

the gary cohn's the jamie diamond's. but what they also say is don't try and tell us black is white. don't try and tell us up is down. we know there will be an inflationary impact as a result of which which that will have to be managed. but this is classic jamie dimon. >> as you pointed out, they are at the top for a lot of folks that are not at the top, that cost of tariffs gets passed down to consumers. so there will be some pain. i wonder how other business leaders might have received what diamond was saying at the conference. >> all right, i don't know. the business leaders will have just said yep, yep, i signed. i think it's worth boris if we've just got one second to explain this idea. so the u.s. government, the trump administration tariffs my coat. for example, assuming i was buying a coat, the importer of this coat will pay the tariff to the u.s. government that will go into this fund. the external revenue service that donald trump is talking about. so that's the plus side, if you will, of the equation as seen f

jamie diamond, essentially his own words, if something catastrophic or emergency would have happened,fly in on day one, as for who takes over for diamond, that timeline is still less than five years, as diamond mentioned last year, probably 4 1/2 years away, so we can't necessarily read too much into this for 2026, the end of 26 is when diamond will step down, however i'm told that by jennifer piepszak stepping into this new role at the time, in charge of operations and president and c.o.o., essentially, and i'm told this is her choice, takes her out of that succession candidate pool. so the question is, who remains as the potential successor to diamond? and i'm told we should be thinking about the ceos of the businesses, you mentioned a few of them, of course the consumer side of things and the commercial bank, and the cohead of the investment bank, they will be considered the three succession candidates going forward. and i agree with you, i think you will get a little bit more on all of this tomorrow when they report their earnings. >> just interesting point of interest, when jamie

. >> because he's on all time high right now because he's jamie diamond bird flu. >> well energy was one of the things they brought up too. i mean by bringing down the cost of energy, we're going to bring down the cost of goods. and i think that's one of the things that he talked about today was, you know, advising saudi arabia and the opec nations that were going to be producing enough oil and natural gas that will be able to not only supply our own companies, but be able to supply overseas as well. >> abby, the bottom line is he's capturing the moment, right? he's capturing the moment. he just became the president of the united states the second time he got the popular vote, which he worked very hard campaigning in the bronx, where she knew he was never going to win. and all over new york. but he wanted that popular vote, and he has it. and he's i mean, look how aggressive he just was. and that's and he won. like it was obvious kamala harris was not going to govern that way. she was going to be more of a statesperson, and he's going to be more of here i am america's back and i'm go

he has frequently been referred to by ceo jamie diamond as his sort of hit by the bus replacement so. yeah. he is being replaced by jennifer piepszak who will assume the role of president and ceo of jp morgan but she is not in the running is the understanding that we have as well and i think leslie picker was reporting on this, for ceo. that according to a source that leslie has familiar with the matter. so interesting, succession at jp morgan. jamie is in his late 60s. my understanding based on casual conversation i had with people at the firm and the like is their expectation is he is going to be there until the building is done, an incredible structure they have going up. it is up but they have to finish it. it will be a little while. >> do you go to wells fargo? do you go to wells fargo which is where ex-officials of jp morgan go? >> who goes there? daniel pinto is just retiring. >> people who worked at other major banks tend to end up at wells fargo. generally we talk about eli lilly and the stocks are down and people were worried. >> you were talking about it in the mad dash an

. >> we mentioned the mark zuckerberg interview and the other when they are talking about is jamie diamondound the economy and the role he believes that terrorists -- tariffs they are away to be used. >> it is unfair competition, security editions and any tool it could do damage. >> you think it is a legitimate negotiating tool? >> absolutely. >> we will see to what degree that he translates that view directly to the administration. >> and what we end up up -- with in terms of that and i think in the journal there was an interview with the incoming head of the cea and the council of economic advisers in favor of this but speaking of this puts get to a report because it is involving the steel industry, a company that we have talked a lot about which is u.s. steel and they have seen over the weekend an important move the termination process and remember president biden terminated the deal by nippon to acquire u.s. steel with 30 days to do so and now it has been pushed out the same day the current merger expired. they have time to pursue their case against cleveland cliffs and the like but we

road map begins with stocks looking to build on yesterday's gains but jamie diamond warns the u.s. stock market is inflated. >> netflix shares surging this morning after the company beat on the top and bottom lines and the subscriber addition since raising its 2025 revenue forecast and now has over 300 million subscribers around the world. and that big tech announcement that was made yesterday by president trump, softbank, oracle, open a.i. they are a joint venture that will eventually invest as many as hundreds of billions in a.i. infrastructure in the u.s. we are going to talk to one of the key technology partners in that. and you think, well, it's for show. we that is ceo rene haas. that's coming up very shortly. >> let's begin with the markets. i know you are looking at some of the follow-through to what the stargate might eventually bring to all kinds of suppliers. >> yeah. initially, excuse me, initially you see these things and you think, well, it is for show. we all know that oracle said -- remember when they need 1000 data centers? [ inaudible ] were to have rene haas. big

we also talked to jamie diamond from j.p. morgan. we also went to talk to microsoft, that will not just be the only exclusive cloud partner with open a.i. we will talk with him about that for the first time. we will also talk to the ceo from uber. goldman sachs, and the ceo of coca-cola. we will go around the world with the iggest and most important companies in the world. >>> so many things are coming out. i don't even know where to begin. the president of the nasdaq was speaking there. they did pick up an interesting anecdote, talking about the trump administration, and how ceos are looking at all of this. he says you should be thinking, need to be in the room and part of the discussion, so i don't become an unintended consequence. maybe that is why you have seen all these pilgrimage to mar-a- lago and washington, d.c. to make sure they get their points made, hoping to get their perspectives through to the administration. no better way to do that than to show up in person. we have earnings that are coming out today. we will be spea

jamie dimon with us in davos last week. following that interview, activist, investor, dei activist, i should say robby starbuck releasing a video of his own, angling for a debate with diamondrican public. >> decide if dei. >> at jpmorgan chase has been done in a way that is fair, compliant with the law, and certainly just all above board. >> right now, i want to bring in the man behind that video. i don't know if we're going to get a full on debate, but we're going to try here. activist dei robby starbuck, robby, it's good to see you. we got to talk a lot about some of the work that you've been doing last week in davos, just given the number of companies that have ended a lot of the dei programs. i'm curious. i was looking at what jp morgan has done, and i think there's lots of different definitions of dei. i think there's quotas on one end and affirmative action, which i think a lot of people think maybe have gone too far. there's some of the things in terms of supporting transgender and other kinds of activities, either for employees or other things that i know you've you've argued against. but then i was looking at this, jp morgan put out a release. this is a couple of

he said the same — jamie diamond." he said the same thing regardle55 jamie diamond."rule are not something that's— general rule are not something that's off— general rule are not something that's off limits or the that'5 off limits or the present has a lot of power over~ _ present has a lot of power over~ the _ present has a lot of power over. the biggest issue trump faces— over. the biggest issue trump face5 right now — and this is part— face5 right now — and this is part of— face5 right now — and this is part of the turning rhetoric into — part of the turning rhetoric into action — i5 part of the turning rhetoric into action — is most voters who— into action — is most voters who put— into action — is most voters who put trump over the edge did so because of the economy. they didn't— so because of the economy. they didn't really like a lot of the other— didn't really like a lot of the other stuff you talk about but hope — other stuff you talk about but hope you wouldn't do it, or at least — hope you wouldn't do it, or at least hoped the economic 5tuff lea5t hoped the