JP Morgan CEO suggests government seize private property to quicken climate initiatives
FOX Business co-hosts of ‘The Bottom Line’ Dagen McDowell and Sean Duffy react to JPMorgan CEO Chase Jamie Dimon saying that remote work ‘doesn’t work’ on ‘Fox & Friends Weekend.’Jamie Dimon suggested that the U.S. government and climate conscious corporations may have to seize citizen’s private property to enact climate initiatives while there still time to stave off climate disasters.
"Eminent domain" is a legal term that describes the government using its power to expropriate private property for public use, provided the government provides private owners proper compensation.
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