JPMorgan Chase CEO Jamie Dimon has emerged again as a fervent supporter of Federal Reserve chief Jerome Powell. His backing comes on the heels of Powell’s announcement that the Department of Justice had issued a subpoena against the central bank.

JPMorgan CEO Jamie Dimon is the latest top voice in the banking world to lend his support to embattled Fed Chair Jerome Powell.

JPMorgan Chase reported lower fourth-quarter profits Tuesday as CEO Jamie Dimon endorsed Federal Reserve independence and offered an upbeat reading on the US economy.

The nation’s largest bank earned $57 billion in 2025, but Jamie Dimon, its chief executive, said “the benefits of deregulation” would help in the future.

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said that the US Justice Department’s attacks on the Federal Reserve have the potential to undermine the independence of the central bank and possibly boost borrowing costs.

CEOs from top Wall Street banks JPMorgan Chase and BNY voiced support for the independence ​of the U.S. Federal Reserve on Tuesday, days after the Trump administration opened a criminal ‌investigation into Fed Chair Jerome Powell.

The Trump administration is lifting regulations, and deal making is heating up. For Jamie Dimon, being JPMorgan Chase’s chief executive was more lucrative in 2025 than ever.

JPMorgan Chase on Tuesday marked the unofficial beginning to fourth-quarter earnings season with forecasting-beating results.

President Donald Trump called for a one-year cap setting credit card interest rates at 10%, saying the American public is being "ripped off." The move has sparked criticism from both sides of the political spectrum,

Dimon said the bank's expected $9 billion spending increase would help it stay competitive not only with other big banks, but also fintech companies.