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News

Dimon Defends Fed Independence

Fortune on MSN · 2d
Trump won’t rule out sacking Powell as Jamie Dimon works to shield the Fed chair
The New York Times was first to report, Trump waved a draft letter firing Powell during a meeting with House Republicans, and soliciting their opinions on whether he should proceed. The next day, Trump confirmed that was true: “I talked about the concept of firing him,
The Wall Street Journal on MSN · 3d
Dimon Defends Fed Independence After Trump Attacks
Many on Wall Street have privately worried that political pressure will undermine the Federal Reserve’s credibility.
Insider on MSN · 3d
Jamie Dimon just sent Donald Trump a warning about meddling with the Fed
Trump has been highly critical of Jerome Powell this year, pressuring him to cut rates. The Fed Chair has said he's awaiting further clarity on inflation.
1d
'A dreadful idea': Why Wall Street's brightest minds hate the idea of Trump firing Fed Chair Powell
Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the ...
3d
Has Private Credit Peaked? Dimon Warns It May Have.
The JPMorgan Chase chief has long been skeptical of the nontraditional, and less regulated, lending business. Now he thinks ...

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