Trump Eyes Jamie Dimon For Treasury Secretary, Rules Out Ousting Fed Chair Jerome Powell
Portfolio Pulse from Benzinga Neuro
Former President Donald Trump is considering JPMorgan Chase CEO Jamie Dimon for Treasury Secretary if he wins the upcoming election. Trump also assured he will not replace Federal Reserve Chair Jerome Powell before his term ends in 2026.
July 17, 2024 | 1:04 am
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Trump's consideration of Jamie Dimon for Treasury Secretary could positively impact JPMorgan Chase's stock, as it places the CEO in a significant governmental role, potentially increasing the bank's influence.
The potential appointment of Jamie Dimon as Treasury Secretary could be seen as a positive development for JPMorgan Chase, as it would place the CEO in a powerful governmental position, potentially increasing the bank's influence and favorability in regulatory matters.
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