**JPMorgan's Jamie Dimon Raises Alarm Over U.S. National Debt**

JPMorgan Chase CEO Jamie Dimon recently expressed grave concerns about the mounting U.S. national debt, emphasizing its potential to significantly disrupt the bond market. Speaking on Fox Business' "Mornings with Maria" program, Dimon warned that the escalating debt poses a "big deal," likely leading to wider credit spreads and a challenging environment for bond investors.

Dimon's remarks echo his previous cautions about the effects of increased U.S. government spending on market stability. He highlighted the risks to various borrowers if the U.S. dollar loses its appeal. "If people decide that the U.S. dollar isn't the place to be, you could see credit spreads gap out; that would be quite a problem," he said. He further explained that such volatility would impact not only small businesses but also high yield debt, leveraged lending, and real estate loans.

In recent weeks, the bond market has experienced turbulence due to shifts in U.S. economic policies. At 69 years old, Dimon remains a leading figure in the corporate world and has often been sought for his insight during national crises. His expertise was considered for high-level economic roles in the government during the 2024 presidential campaign, including the position of Treasury Secretary, but he opted to continue his tenure at JPMorgan Chase.

Dimon has led the largest U.S. lender for over 19 years, a testament to his enduring influence in the financial sector. When questioned about his succession plan, Dimon mentioned that it would be "several years" before any transition. He also hinted at the possibility of remaining involved as chairman or executive chairman, stating, "I love what I do."

In summary, Dimon's perspectives underscore the broader implications of rising U.S. national debt on various sectors and highlight the need for vigilance in managing economic policies to avert potential market disruptions.