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JPMorgan CEO Jamie Dimon connected Saturday (January 17, 2026) confirmed helium was not asked to beryllium Federal Reserve chair, hours aft U.S. President Donald Trump disputed a study saying helium offered Mr. Dimon the role.
Earlier this week, The Wall Street Journal reported that Mr. Trump offered to nominate Mr. Dimon for Federal Reserve chair, though the quality outlet added that the JPMorgan brag took the connection arsenic a joke. Mr. Trump, successful a Truth Social station connected Saturday (January 17), denied that report, and JPMorgan aboriginal affirmed the president's assertion.
“There was no occupation offer," Mr. Dimon said successful a statement. In an email to Reuters, slope spokesperson Trish Wexler said she should person been "more vigilant" successful correcting The Wall Street Journal story earlier it was published.
Mr. Trump connected Saturday (January 17) besides posted helium plans to writer JPMorgan sometime successful the adjacent 2 weeks for allegedly "de-banking" him pursuing the January 6, 2021, onslaught connected the U.S. Capitol by his supporters.
Ms. Wexler said the slope would not discuss circumstantial clients, but the slope believes "that nary one’s relationship should beryllium closed due to the fact that of political oregon spiritual beliefs."
"We admit that this Administration has moved to code governmental de-banking and we enactment those efforts," Ms. Wexler said. Mr. Dimon, 1 of Wall Street's astir influential figures, has travel retired against immoderate of the Trump administration's policies.
Earlier this week, Mr. Dimon voiced enactment for the independency of the Fed, days aft the Justice Department opened a transgression probe into existent Fed Chair Jerome Powell, whose word expires successful May.
Mr. Dimon and apical JPMorgan executives person also pushed backmost connected the Mr. Trump administration's projected 10% headdress connected recognition paper involvement rates, saying it would effect successful millions of households losing entree to credit.
Mr. Trump connected Wednesday (January 14) suggested successful a Reuters interview that helium was inclined to nominate either White House economical advisor Kevin Hassett oregon erstwhile Fed Governor Kevin Warsh to regenerate Powell.
