JPMorgan CEO Jamie Dimon confirmed on January 17 that he was not offered the role of Federal Reserve Chair, hours after U.S. President Donald Trump denied reports suggesting he had extended such an offer.
Earlier this week, the Wall Street Journal reported that Trump considered Dimon for the role, though the JPMorgan chief reportedly took it as a joke. Dimon later affirmed the president’s claim, saying he was never approached for the Fed position.
Dimon, one of Wall Street’s most influential figures, has voiced support for the Fed’s independence and criticized some Trump administration policies. This development comes amid an ongoing Justice Department investigation into Fed Chair Jerome Powell, whose term expires in May.
Trump had also mentioned other potential nominees, including White House economic adviser Kevin Hassett and former Fed Governor Kevin Warsh.
Stay tuned as we follow updates on this evolving story.
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BREAKING NEWS: JPMorgan CEO Dimon Confirms Trump Was Not Offering Fed Chair Position | AC1Z
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