Trump says he never offered the Fed chair job to JPMorgan's Dimon
BY Reuters | ECONOMIC | 03:08 PM ESTWASHINGTON, Jan 17 (Reuters) - U.S. President Donald
Trump on Saturday said he never offered to nominate JPMorgan
In a post on Truth ?Social, Trump blasted ?a Wall Street
Journal report that said he offered the Fed chair post ?to Dimon.
Trump also wrote he plans ?to sue JPMorgan
A JPMorgan
Dimon has ?met with Trump and other White House officials
several times in the past year. The president offered to
nominate Dimon ?in one of those meetings although the JPMorgan
Dimon, one of Wall Street's most influential figures, has come out against some of the ?Trump ?administration's policies.
Earlier this week, Dimon
voiced support
for the independence of the 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
pushed back
on 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
he was inclined to nominate either White House economic adviser Kevin Hassett or former Fed Governor Kevin Warsh to replace Powell.
(Reporting by Jason Lange and ?Chibuike Oguh; Editing by Rod Nickel, Sergio Non and Chris Reese)
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