Jamie Dimon backs Fed Chair Powell amid DOJ probe
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Jamie Dimon on Tuesday defended the Federal Reserve after it was subpoenaed by the Justice Department, saying that “anything that chips away” at the central bank’s independence “is not a good idea.”Dimon,
JPMorgan Chase reported lower fourth-quarter profits Tuesday as CEO Jamie Dimon endorsed Federal Reserve independence and offered an upbeat reading on the US economy.
Wall Street's relationship with the Trump administration is souring. Bank executives warned the White House on Tuesday that President Trump's policies and the Justice Department's investigation into Federal Reserve Chairman Jerome Powell could harm the economy.
The nation’s largest bank earned $57 billion in 2025, but Jamie Dimon, its chief executive, said “the benefits of deregulation” would help in the future.
JPMorgan CEO Jamie Dimon, who famously warned of an economic "hurricane" two years ago, has changed his tune—slightly.
Dimon said the bank's expected $9 billion spending increase would help it stay competitive not only with other big banks, but also fintech companies.
The Trump administration is lifting regulations, and deal making is heating up. For Jamie Dimon, being JPMorgan Chase’s chief executive was more lucrative in 2025 than ever.
Leaders like JP Morgan CEO Jamie Dimon argue that EQ and critical thinking are the only skills that will survive the automation wave. Microsoft Satya Nadella would agree, calling emotional intelligence a required workplace skill.