JPMorgan Chase CEO Jamie Dimon was not surprised Trump won the White House, saying people grew tired of ineffective government.
Friday's Forbes Daily covers Bloomberg's UN climate pledge, judge blocks Trump's end to birthright citizenship, Oscar nominations unveiled, OpenAI's latest tool and more.
Wall Street giant JPMorgan has set up a Donald Trump ‘war room’ as the 47th president announces a flurry of new policies upon returning to the White House, according to one of its top
JPMorgan Chase CEO Jamie Dimon, who oversees the country’s largest bank, said Wednesday that Americans need to “get over it” when it comes to President Donald Trump ’s tariff plans driving up prices, as many economists have warned they will.
Trump threatened tariffs of as much as 60% on China during his campaign, but appeared to temper his plans after a phone call last week with Chinese President Xi Jinping. He said Monday there would be more discussions with his counterpart in the world’s second largest economy.
Trump’s second trade war is shaping up to be much different from his first. His ambitions for a reordering of world commerce are broader, and the opposition is weaker.
JPMorgan and Costco say DEI efforts help drive innovation and success, though other companies like Meta and Walmart are scaling back policies.
JPMorgan Chase, Goldman Sachs and Pinterest are just a few of the companies whose leaders say they will still emphasize diversity, while the right-wing war on such policies ramps up.
The claim that big banks have closed accounts held by certain political or business customers gained new visibility this week when President Donald Trump confronted by name the CEOs of JPMorgan and Bank of America.
In the past Dimon, had warned tariffs have “unpredictable outcomes, you hurt your allies maybe more than you hurt anyone else"
On Wednesday, JP Morgan CEO Jamie Dimon, the very epitome of a respectable corporate leader, a pillar of what passes for the American establishment, praised Musk effusively: “The guy is our Einstein,” Dimon told CNBC. Einstein, we should note, was firmly anti-Nazi.