Change Quote by Jamie Dimon
“The government has the right to change laws and rules and regulations.”
About This Quote
Source Speech: Annual Shareholder Meeting, JPMorgan Chase, 2023
Governments may modify legislation to address evolving societal needs and policy goals.
In simple terms: Governments can change laws.
Key Takeaway
Recognize the role of law in shaping society.
Themes
law
governance
policy
society
change
Mood
thoughtful
concerned
Type
political
informative
When to use this quote
- legislative reform
- public health regulations
- environmental standards
- economic policy
- social welfare
Key Concepts
Legal authority
public policy
democratic process
Questions to Reflect On
- How should citizens engage with lawmaking?
- What limits should exist on governmental power?
A Different Perspective
Legal changes can be slow and face political resistance.
![“Marla [from Rules Don't Apply] especially, believed that she has a certain set of rules that she had to abide by, in order to be successful in Hollywood. How she acted, how she approached things and even in her relationship with her mother - there were a lot more rules and regulations expected of…” quote by Lily Collins](https://sms4smile.com/quotes/img-quotes/150/lily-collins-1760_ambitious_marla-from-rules-don-t-apply-especially_326016.jpg)
![“I think if we had another set of policies for - not the crisis years, but after that, that we might be growing faster. But we didn't. And some of that was Republicans' [fault], by the way.” quote by Jamie Dimon](https://sms4smile.com/quotes/img-quotes/c6a/jamie-dimon-1320_crisis_i-think-if-we-had-another-set-of-policie_34817.jpg)
![“Not every company went bankrupt. Not every bank needed TARP [Troubled Asset Relief Program]. So I'm very proud that JPMorgan, throughout that time period, was completely steadfast. We bought Bear Stearns because we thought we were helping the situation. We didn't cut and run.” quote by Jamie Dimon](https://sms4smile.com/quotes/img-quotes/04a/jamie-dimon-1320_assets_not-every-company-went-bankrupt-not-ever_128310.jpg)
![“There are parts [in Dodd-Frank] that I don't agree with. But, in total, it is what it is.” quote by Jamie Dimon](https://sms4smile.com/quotes/img-quotes/8c9/jamie-dimon-1320_agree_there-are-parts-in-dodd-frank-that-i-don_147410.jpg)
