Dimon: The Wealth Gap Is Real and Demands Action

Jamie Dimon says the U.S. wealth gap is real and frustrating for many, citing Fed data that show the bottom 50% own about $4.27 trillion of the $174 trillion in wealth while the top 0.1% hold roughly $25 trillion. He argues lower-income Americans have been left behind, calls for bipartisan public policy (backed by unions) to lift living standards, notes AI is accelerating asset concentration, and says he doesn’t plan to run for president.