Tag: JPMorgan CEO Jamie Dimon

JPMorgan confirms Trump’s assertion that bank CEO Dimon was not offered Fed chair job

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JPMorgan confirms Trump’s assertion that bank CEO Dimon was not offered Fed chair job

JPMorgan Chase CEO Jamie Dimon. File | Photo Credit: AP JPMorgan CEO Jamie Dimon on Saturday (January 17, 2026) confirmed he was not ‍asked to be Federal Reserve chair, hours after U.S. President ​Donald Trump disputed a report saying he ‌offered Mr. Dimon the role. Earlier this week, The Wall ​Street Journal reported that Mr….

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World

U.S. consumers on lower incomes face loan stress while banks pull back

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U.S. consumers on lower incomes face loan stress while banks pull back

U.S. borrowers on lower incomes are increasingly struggling to keep up with their loan payments, according to recent data and bank executives, prompting banks to become more cautious about dishing out credit cards and car loans. A growing number of Americans have seen their savings dwindle as rising prices squeeze budgets while interest rates stay…

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Business