The longtime chief executive – who assumed the role in 2006 – criticized years of stringent regulations on the banking sector.
Murdered nursing student Laken Riley's horrifying 911 call played in court — leaving her mom in a flood of tears
The legendary bank boss — who took the helm at JPMorgan Chase in 2006 — criticized years of stringent regulations on the banking sector.He said the average US bank used to hold $100 of deposits for every $100 of loans it made — but now it only lends $65 for every $100 of deposits.
“Together, these two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” Trump wrote.
Elon Musk Inflation Jamie Dimon Trump Vivek Ramaswamy
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump announces Jamie Dimon will not be in his administrationPresident-elect Trump announced JPMorgan Chase CEO Jamie Dimon will not be serving in his administration, after previously saying he would consider Dimon for Treasury secretary.
Read more »
JPMorgan Chase CEO Jamie Dimon has no plans to join Trump administrationJamie Dimon will continue to lead JPMorgan Chase despite speculation he could be in the running for Treasury secretary.
Read more »
Trump slams door on Jamie Dimon joining administration: 'Will not be invited'The JPMorgan CEO had been the subject of speculation as a Treasury secretary candidate in the build up to the Nov. 5 election.
Read more »
Trump says JPMorgan's Dimon won't be invited to join Trump administrationTrump says JPMorgan's Dimon won't be invited to join Trump administration
Read more »
Jamie Dimon walks political tightrope, may be considering Harris cabinet position: reportJPMorgan CEO Jamie Dimon reportedly said he was considering a position in a potential Harris administration, but sources close to the banking magnate argued that was not the case.
Read more »
JPMorgan Chase CEO Jamie Dimon's wife knocks on doors for Kamala Harris in Michigan“The stakes are high in this election for our country, our core principles, our security and our economy,” Judy Dimon told Bloomberg News.
Read more »