Trump Considers Dimon for Treasury, Won't Oust Fed's Powell
TL;DR Summary
Donald Trump stated he would not remove Federal Reserve Chair Jerome Powell before his term ends in 2026 and is considering JPMorgan CEO Jamie Dimon for Treasury Secretary if he wins the November 5 election. Trump also mentioned plans to reduce the corporate tax rate to 15%, not ban TikTok, and impose new tariffs on imports.
- Trump weighs tapping JP Morgan CEO Jamie Dimon for Treasury secretary, won't remove Fed's Powell: report New York Post
- Trump warms to Powell ahead of potential rate cuts: ‘I would let him serve it out’ The Hill
- Trump says he mulls Jamie Dimon for US Treasury, won't try ousting Fed's Powell Reuters
- Report: Trump wouldn’t fire Fed’s Powell if reelected POLITICO
- Trump says he would let Fed Chair Powell finish his term if he wins in November, Bloomberg reports CNBC
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