Trump Sues JPMorgan, Dimon
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CEO Jamie Dimon the Fed chair role, disputes the WSJ report, and says he’ll sue the company for “debanking” him. Read more here.
Asked about the possibility at an event in Washington, the longtime bank chief made clear he has no interest in leading the central bank.
The JPMorgan Chase CEO said he’s not willing to give up being his own boss.
As global central bankers issued a rare letter of support for Federal Reserve independence, blowback against the Department of Justice probe of Chair Jerome Powell mounted that it could threaten the White House search for Powell's successor as well as markets.