Trump hits back at JP Morgan CEO’s defence of Federal Reserve
US president says Jamie Dimon was wrong to suggest he was undermining independence of central bankBusiness live – latest updatesDonald Trump has hit out at the JP Morgan boss Jamie Dimon, saying the Wall Street executive was wrong to suggest he was undermining the independence of the Federal...
<p>US president says Jamie Dimon was wrong to suggest he was undermining independence of central bank</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/jan/14/trump-jerome-powell-fed-chair-jp-morgan-offshore-windfarm-contracts-miliband-business-live-news">Business live – latest updates</a></p></li></ul><p>Donald Trump has hit out at the JP Morgan boss Jamie Dimon, saying the Wall Street executive was wrong to suggest he was undermining the independence of the Federal Reserve.</p><p>The US president and his administration have come under fire for their attacks against the Fed’s chair, Jerome Powell, who is now facing a <a href="https://www.theguardian.com/business/2026/jan/11/justice-department-opens-investigation-into-federal-reserve-as-trump-ramps-up-campaign-against-central-bank">criminal investigation</a> by the US Department of Justice over alleged “abuse of taxpayer dollars” linked to renovations to the central bank’s headquarters in Washington.</p> <a href="https://www.theguardian.com/business/2026/jan/14/trump-hits-back-at-jp-morgan-ceo-defence-of-federal-reserve-jamie-dimon">Continue reading...</a>
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