Jamie Dimon backs Fed Chair Powell amid DOJ probe
Digest more
Trump calls for 1 year cap on credit card interest rates
Digest more
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.
The company’s CEO Brendan Foody and co-founders Adarsh Hiremath and Surya Midha were recently minted the youngest self-made billionaires after the company was valued at $10 billion last November. That funding has given the 22-year-olds the resources needed to build out their ambitious AI venture.
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.
CEOs from top Wall Street banks JPMorgan Chase and BNY voiced support for the independence of the U.S. Federal Reserve on Tuesday, days after the Trump administration opened a criminal investigation into Fed Chair Jerome Powell.
JPMorgan Chase on Tuesday marked the unofficial beginning to fourth-quarter earnings season with forecasting-beating results.
If confirmed, the supposed massive haul would put the long-serving JPMorgan boss’s net worth closer to that of New York’s hedge fund titans and Silicon Valley’s tech founders.
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.
JPMorgan CEO Jamie Dimon isn’t known for making bold price calls. Yet, Dimon made punchy claims during an interview at Fortune’s Most Powerful Women conference in Washington when asked whether he thought gold was overvalued or undervalued.
The bank’s CEO Jamie Dimon said the US economy remained “resilient” and that “consumers continue to spend, and businesses generally remain healthy.”