DIMON ON UNDOCUMENTED IMMIGRANTS: 'Let them stay and let them build companies'

JPMorgan CEO Jamie Dimon wants to see immigration reform in America.

Speaking with CNBC’s Wilfred Frost Monday, the chief executive highlighted several policy areas that he believes need to be addressed, including infrastructure spending and income inequality.

He also pointed to the 2013 bipartisan ‘Gang of 8’ immigration bill that he said provided a proper pathway to legalizing undocumented immigrants as an example of what was needed.

“Most of them have jobs, most of them are doing fine,” Dimon said of undocumented immigrants.

He added that “kids” come from around the world to get advanced degrees at top universities, and then, “We send them home.”

“Let them stay and let them build companies,” he said, noting that three of his own grandparents were born overseas.

The CEO has become increasingly vocal about economic and political issues facing the US and the world.

Last month, he raised the minimum pay for 18,000 of his employees. He came out hard against the UK’s decision in June to leave the European Union, and in the company’s annual letter released in April he described multiple challenges, including infrastructure and long-term fiscal and tax issues, that he said must be dealt with.

“We have serious issues that we need to address — even the United States does not have a divine right to success,” he wrote at the time.

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