JPMorgan confirms Trump claim that CEO Dimon was not offered Fed chair job

Core Viewpoint - JPMorgan Chase CEO Jamie Dimon confirmed he was not offered the position of Federal Reserve chair, contradicting a report that suggested President Trump had made such an offer, which Dimon took as a joke [1][4]. Group 1: Dimon's Statement and Clarification - Dimon stated, "There was no job offer," clarifying the situation regarding the Fed chair nomination [2]. - A JPMorgan spokesperson acknowledged the need for better vigilance in correcting the Wall Street Journal's report before publication [4]. Group 2: Trump's Legal Actions and Political Context - President Trump announced plans to sue JPMorgan for allegedly "debanking" him following the January 6, 2021 attack on the US Capitol [4][7]. - JPMorgan's spokesperson emphasized that no accounts should be closed due to political or religious beliefs, supporting the administration's efforts to address political debanking [5]. Group 3: Dimon's Position on Federal Reserve Independence - Dimon expressed support for the independence of the Federal Reserve amid a criminal investigation into current Fed Chair Jerome Powell [7]. - JPMorgan executives opposed the Trump administration's proposed 10% cap on credit card interest rates, arguing it would limit credit access for millions of households [8].