Published

Trump says weighing Dimon for Treasury, would allow Powell to finish term, Bloomberg reports

  • Trump considers Dimon for Treasury and assures Powell can complete term, per Bloomberg. JPMorgan remains quiet. Powell, sticking to end term in 2026, confirms to Reuters he won't step down early.
  • Potential treasury pick Dimon earns Trump's attention despite prior criticisms. Dimon, once labeled "Highly overrated" by Trump, now favors some policies.
  • Trump criticized Powell's rate hikes but now backs off prior threat to dismiss him as Federal Reserve Chair.
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