{"id":416727,"date":"2026-01-18T04:57:06","date_gmt":"2026-01-18T04:57:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/416727\/"},"modified":"2026-01-18T04:57:06","modified_gmt":"2026-01-18T04:57:06","slug":"jpmorgan-confirms-trump-assertion-that-bank-ceo-dimon-was-not-offered-fed-chair-job","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/416727\/","title":{"rendered":"JPMorgan confirms Trump assertion that bank CEO Dimon was not offered Fed chair job"},"content":{"rendered":"

WASHINGTON, Jan 17 (Reuters) – JPMorgan (JPM.N), opens new tab<\/a> CEO Jamie Dimon on Saturday confirmed he was not asked to be Federal Reserve chair, hours after \u200bU.S. President Donald Trump disputed a report saying he offered Dimon \u200cthe role.<\/p>\n

Earlier this week, the Wall Street Journal reported Trump offered to nominate Dimon for Fed chair, although the news outlet added the JPMorgan boss took the offer as a joke. Trump in a Truth Social post on Saturday denied \u200cthat report, and JPMorgan later affirmed the president’s assertion.<\/p>\n

Sign up here.<\/a><\/p>\n

\u201cThere was no \u200bjob offer,” Dimon said in a statement.<\/p>\n

In an email to Reuters, bank spokesperson Trish Wexler said she should have been “more vigilant” in correcting the Wall \u200dStreet Journal story before it was published.<\/p>\n

Trump on Saturday also posted he plans to sue JPMorgan sometime in the next two weeks for allegedly “debanking” him following the January 6, 2021 \u2060attack on the U.S. Capitol by his supporters.<\/p>\n

Wexler said the bank would not \u200ddiscuss specific clients, but the bank believes “that no one\u2019s account should be closed because of \u200cpolitical \u200cor religious beliefs.”<\/p>\n

“We appreciate that this Administration has moved to address political debanking and we support those efforts,” Wexler said.<\/p>\n

Dimon, one of Wall Street’s most influential figures, has come out against some of the Trump administration’s policies.<\/p>\n

Earlier this week, \u2060Dimon voiced support<\/a> for \u2060the independence of \u200bthe Fed, days after the Justice Department opened a criminal investigation into current Fed Chair Jerome Powell, whose term expires in May.Dimon and top JPMorgan executives have also pushed back<\/a> \u200don the Trump administration’s proposed 10% cap on credit card interest rates, saying it would result in millions of households losing access to credit.Trump on Wednesday suggested in a Reuters interview<\/a> \u200bhe was inclined to nominate either White House \u200deconomic adviser Kevin Hassett or former Fed Governor Kevin Warsh to replace Powell.<\/p>\n

Reporting by Jason Lange, Chibuike \u200bOguh and Deepa Seetharaman; Editing by Rod Nickel, Sergio Non and Chris Reese<\/p>\n

Our Standards: The Thomson Reuters Trust Principles., opens new tab<\/a><\/p>\n

Purchase Licensing Rights<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"WASHINGTON, Jan 17 (Reuters) – JPMorgan (JPM.N), opens new tab CEO Jamie Dimon on Saturday confirmed he was…\n","protected":false},"author":2,"featured_media":416728,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[159358,160073,160074,160075,167047,160076,45,49,48,160077,159340,159365,159366,159368,160206,160080,1823,66385,160081,77562,161456,160084,7477,160088,159360,159348,160559,159349,124558,159350,162313,182,121468],"class_list":["post-416727","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-amers","tag-bisv","tag-bnk","tag-bnks","tag-bnks1","tag-bsvc","tag-business","tag-ca","tag-canada","tag-cen","tag-cmpny","tag-destocabsm","tag-destousbsm","tag-destousdnm","tag-eci","tag-eco","tag-fed","tag-fin","tag-fins","tag-gen","tag-infl","tag-int","tag-job","tag-mce","tag-namer","tag-news1","tag-plcy","tag-pol","tag-potus","tag-publ","tag-rulestrump","tag-us","tag-wash"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/416727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=416727"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/416727\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/416728"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=416727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=416727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=416727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}