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Stock impact report

‘Absolutely, positively no chance, no way, no how, for any reason': Dimon says he'd never run the Fed but ‘would take the call' to lead Treasury [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
“Chairman of the Fed, I'd put in the absolutely, positively no chance, no way, no how, for any reason,” the JPMorgan CEO said when asked at a Chamber of Commerce meeting on Thursday if he'd ever consider the role. “I would so much more prefer this job than that job. That's a hard job, but I don't want to do that job,” he later added. “Hard job” may be an understatement given unprecedented pressures on the Fed since President Donald Trump returned to the White House. Last Friday, the Justice Department launched a criminal investigation into the Federal Reserve and Powell's testimony on the renovation of Fed office buildings. The probe follows a year of increased pressure on the central bank from the Trump administration to lower interest rates. In August, the president attempted to unseat Fed governor Lisa Cook over alleged mortgage fraud , the first time a president has fired a sitting governor in the central bank's 112-year history. A federal court ruled that Cook could keep her Show less Read more
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