Jamie Dimon Backs Jerome Powell Over Trump
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JPMorgan CEO Jamie Dimon questioned why someone would want a stablecoin rather than just a payment, but acknowledged that the bank will be involved in stablecoins so they can understand them better.
JPMorgan Chase CEO Jamie Dimon said during the company's earnings call Tuesday that the bank plans to get more involved with stablecoins.
JPMorgan Chase is a juggernaut in the global payments industry, helping move nearly $10 trillion daily, so it makes sense that they would explore stablecoins.
Let the earnings barrage commence. JPMorgan (JPM) is out with a big earnings beat, and CEO Jamie Dimon is voicing his support for Federal Reserve Chairman Jerome Powell and the very institution President Trump and his team are attacking.
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The bosses of JPMorgan and Citigroup said Tuesday they intend to get involved in stablecoins, the latest evidence of how Wall Street is pivoting to embrace digital assets.
JPMorgan CEO Jamie Dimon and other Wall Street titans were planning to skip a widely anticipated Tuesday meeting with hard-left New York City mayoral candidate Zohran Mamdani, The Post has learned. The 33-year-old socialist firebrand,
The bank put $50 billion toward lending to riskier companies to compete with nonbank giants dominating the market. The Walgreens deal was the payoff.
JPMorgan Chase CEO Jamie Dimon noted that the U.S. economy remains resilient but warned of potential risks from tariffs, trade uncertainty, geopolitical conditions and fiscal deficits.