The C.E.O. of JPMorgan Chase, who has rarely taken on President Trump during his second term, wades into the argument over the Federal Reserve chair.
Jamie Dimon, a frequent critic of President Trump’s first term, has been more conciliatory this time around, regularly complimenting the administration’s corporate tax cut extensions and slashing of bank regulations, and finding reasons to compliment aspects of Mr. Trump’s approach to immigration.
On Tuesday, however, the chief executive of JPMorgan Chase went out of his way to take exception to Mr. Trump’s posture toward Jerome Powell, the chair of the Federal Reserve. Mr. Trump and his allies have been withering toward Mr. Powell, whom they blame for not cutting interest rates and have accused, with no evidence, of political bias.
