President Donald Trump has dismissed JPMorgan (JPM) CEO Jamie Dimon’s criticism over the Justice Department probe into the Federal Reserve, Fed, Catherine Lucey of Bloomberg reports. Trump said Dimon was “wrong” to suggest he was undermining the independence of the central bank. “I think it’s fine what I’m doing,” Trump said. “And we have a bad Fed person.”
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JPM:
- Reiterating JPMorgan Buy: Solid Fundamentals, Strategic Investment, and 2026 Guidance Support Premium Valuation Despite Regulatory Overhang
- JPMorgan initiated with an Outperform at CICC
- JPMorgan Chase Earnings Call: Strong Results, Rising Risks
- JPMorgan Chase & Co. Earnings Update: Did it Beat Estimate Forecasts?
- JPMorgan Chase (JPM) CFO Calls Stablecoin Yield Payments ‘Dangerous and Undesirable’
