Summary

America's top banker Jamie Dimon gives surprising take on Trump's Iran war Wall Street's most powerful banker has backed Donald Trump's military campaign in Iran, even as the conflict sends oil prices skyrocketing. JPMorgan Chase CEO Jamie Dimon said Tuesday that finishing the job in Iran mattered more than the stock market turmoil it has unleashed, arguing the volatility reflects uncertainty rather than a verdict on the war itself. 'It's much more important that this be successfully completed than what the market does,' Dimon said during the interview with Fox & Friends. Dimon, a Democratic donor with ties to liberal politicians, said eliminating Iran's leadership was essential to neutralizing a threat he argued had festered for decades. 'I mean, I hear some people say, "you know, they [Iran] weren't an imminent threat." A threat means I'm threatening you. I might do something bad. These people have doing something bad for 47 years,' Dimon said. 'They've been killing people. They've been killing Americans. They funded that terrible Hamas thing ... Americans were killed on October 7 ... they've had proxy wars.' He warned further market turmoil should be expected, calling the global economy 'unpredictable.' 'The market will be concerned until it's over,' the CEO added. 'It's much more important that this be successfully completed than what the market does,' Dimon said of the Iran war during the interview with Fox & Friends on Tuesday As the US-Iran war has dragged on global markets have been in turmoil Trump stands next to Jamie Dimon at a White House event during the Republican's first term JPMorgan Chase is the largest financial institution in the US with over $4 trillion in assets under management. Dimon, despite his Democratic ties, also turned his fire on blue-state leaders for hiking taxes while quality-of-life issues plague voters. The magnate said residents and businesses are increasingly leaving states such as New York and California in search of lower costs and a better life. 'It's also individual taxes, state taxes, corporate taxes, and it drives people out,' Dimon said. 'There's a huge exodus taking place.' 'All you have to do is look at California versus Nevada' and 'New York versus Florida.' Dimon warned that policymakers pushing higher taxes on the wealthy, as is happening in Washington state, risk accelerating the problem. 'And very often people think they're being moral by doing that, but they're not. What they're doing is they're hurting your own city,' he said in the interview. 'People vote with their feet.' The comments below have not been moderated. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline.