JPMorgan CEO Warns of US Government's Potential Property Seizure Effort.

JPMorgan CEO Jamie Dimon says the US government may need to use eminent domain to seize private property to propel the push for clean energy. Dimon says recently passed legislation including the Inflation Reduction Act have the potential to create more than $1 trillion in clean technology development. However, he believes immediate action and a serious sense of urgency is needed to effectively implement clean energy policies in a timely manner. Local, state and federal agencies all have the power to utilize eminent domain to allocate private property.