Trump says he will sue JPMorgan Chase over ‘debanking’ him
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CEO, Jamie Dimon, firmly ruled out any possibility of leading the Federal Reserve in the near future, but is open to serving as the Secretary of the Treasury, if asked by the President. Dimon Might Consider Treasury Secretary Role Dimon said there was “positively no chance” that he would serve as the Chairman of the Federal Reserve,
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.
During a U.S. Chamber of Commerce event Thursday, Dimon said he had called Buffett personally to tell him the unwelcome news. He claimed Buffett accepted the outcome, preferring that his former executive land at JPMorgan than elsewhere.
Asked about the possibility at an event in Washington, the longtime bank chief made clear he has no interest in leading the central bank.
Be relentless, and don’t overlook the details. When organizations get too comfortable and begin ignoring the fine print, he said, is when complacency sets in, and a business begins to decay. With more than 300,
JPMorgan CEO Jamie Dimon told a top business conference Thursday that he plans to stay on in the role for “at least” another five years — an oft-repeated refrain from the exec